ifmuy of tfangttM. 



UNITED STATES OF AMERICA. 



THE PEOPLE'S 



COMPREHENSIVE INTEREST TABLES, 

AT SEVEN" PER CENT, 
SHOWING THE CORRECT INTEREST 

ON ANY SUM, FROM 

Eleven Cents to One Thousand Dollars, 

i 

ONE DAY TO THREE YEARS. 



ALSO THE 



RIGHTS, DUTIES AND OBLIGATIONS 



OP PARTIES TO 



Commercial Paper, &c., &c. 




SYRACUSE: 

HITCHCOCK & SMITH, PRINTERS, 

1870. 



HG/o30 
.07 



Entered according to act of Congress, in the year 1869, by 

H. CHILD, 

In the Clerk's Office of the District Court for the Northern District of New York. 



INTRODUCTION. 



In presenting this little work as an aspirant for public favor, the author designs that 
it shall fill an important niche in the elucidation of business transactions and the arith- 
metical computations they involve. It is believed that no other publication compre- 
hends the same amount of information that is found in its pages, and presents it in so 
concise and convenient a form. Much care and labor have been devoted to obtain cor- 
rect and adequate information pertaining to mercantile and commercial transactions, 
and to systemize and arrange it in clear and concise, yet exact and comprehensive 
statements. The desirableness of rendering it as inexpensive as was compatible with 
its excellent mechanical execution, and thus make it of universal utility by bringing it 
within the reach of all, has not been overlooked. The low price at which the book is 
afforded is not at all commensurate with the immense value which the information it 
contains will prove to its possessor. Much of the matter is new and original, while 
the remaining part, though contained in other works, which, however, are so expen- 
sive as to place them beyond the reach of those who most need it, is diffused through 
them with so little connection of subject matter and obscured by other extraneous 
subjects, literary verbiage and confusing technicalities, as to render it inconvenient for 
reference and of little practical utility. The object and efibrt has been to obviate this 
difficulty by combining in as small a compass as practicable all that is essential to and 
desirable in the elaboration of this principle. All the matter has been prepared with 
especial reference to this work ; and the advantage which obtains from a thorough in- 
timacy therewith, cannot be over-estimated. The interest tables here introduced, 
which have never before been published, are especially worthy of attention. They 
not only occupy but one-fifth the space, and hence are more convenient for reference, 
but are equally comprehensive, and, it is believed, reliable (as they have been subjected 
to a rigid comparison and revision,) as the famous "Preston's Interest Tables," which 
have acquired such merited notoriety. The simple rule for computing interest, which 
is subjoined, is new and as valuable as new. It needs only a glance at its method to 
convince any one of its great utility and universal application to all problems in inter- 
est. It not only dispenses with the frequently vexatious complications of the ordinary 
methods, but very largely economizes in time and labor. The treatise on commercial 
paper embraces principles with which few are familiar, but which all so urgently need. 
It will prove an invaluable assistant. The author feels assured that the entire work 
will commend itself to a discriminating public, and will receive from it that meed that 
it merits. With the conviction that it is a needed and hence will prove a useful link in 
the chain of commercial treatises, he launches it upon the sea of commerce, and trusts 
that it will meet with a cordial reception and achieve the object for which it is pro- 
jected. 



EXPLANATION 

TO THE PEOPLE'S COMPPEHEXSIVE LXTEPEST TABLES. 

The Principal is at the head of the column ; the Time and Interest in 
two parallel columns directly beneath. The Interest, as given, is for the 
sum in limvy figures. The additional Principals oyer the one named in 
each column, are ten times the one named, or one-tenth or one-hundredth 
of the same. To find the interest of any sum in heavy figures, find the 
number representing the Principal, and in the column of Time find the 
time required, and at the right is the interest. 

Example.— To find the interest of $100 for 11 months, find $100 in 
heavy figures, and in the column of Months the number 11, at the right, 
on the same line, $6,417, the interest required. To find the interes: :: 
the other principals in the same column : for $1,000, remove the decimal 
point one place to the right, making $64.17. To find the interest of $10, 
remove the point one place to the left, making $.6417. The interest of 
one dollar is one-tenth of this, or $.064. The figures less than mills may 
be rejected. It may be carried still farther, finding the interest of ten 
cents to be .0064. 

Example 2d. — To find the in 92 for three years : look for this 

number in heavy figures, and in the column of Years below, find 3, at 
the right, is $19,320. The interest of $920 is $193.20, the decimal point 
being removed one place to the right. The interest of $9 . , ] . - $ I 132 \h . 
decimal point being removed one place to the left. The ml 
$.1932, the point being removed two places to the left. To find the in- 
terest for mixed time : Exairqyle, What is the interest of $89 for two 
years, seven months - and sixteen days *? By referring to the table we 

find the 

Interest of $S9 for two years, 

M " u M seven months, 3 . 634 

" " " " sixteen days, 

Answer, $ 

To find the interest of any sum not expressed in the tables : find the 
interest of the several sums, which added together will make the sum re- 
quired. Example, what is the interest of $84492 for two years ? 

Interest of $840 for two years $117.00 

4 " " 56 

« " .92 " " 128 

Interest of $844.92 for two years is .$118 288 

To find the interest at six per cent, subtract one-seventh of the interest 
at seven per cent, from that sum ; at eight per cent, add one-seventh. In 
this manner the interest at any rate may be found, by adding or subto 
in^ as many sevenths as the required rate is greater or less than seven. 



THE PEOPLE'S COMPREHENSIVE INTEREST TABLES, 

AT SEVEN PER CENT. 

ONE ~D AY TO THREE YEARS. 



.11 






.12 






.13 




.14 






.15 


$1.10 






$1.12 






$1.30 




$1.40 






$1.50 


$110.00 


■5f 


$120.00 


■5fr 


$130.00 


* 


$140.00 


■X- 


$150.00 


Daysi §n 


Da] 
1 


rci §12 

.002 


Daysi §13 


Daysi §14 


Daysi §15 


11 .002 


1 


.002 


1 


.003 


1 


.003 


2 .004 




2 


.005 




2 


.005 




2 


.005 




2 


.006 


3 .006 




3 


.007 




3 


.007 




3 


.008 




3 


.009 


4! .008 




4 


.009 




4 


.010 




4 


.011 




4 


.012 


5\ .011 




5 


.012 




5 


.012 




5 


.013 




5 


.014 


6 .013 




6 


.014 




6 


.015 




6 


.016 




6 


.017 


7 .015 




7 


.016 




7 


.017 




7 


.019 




7 


.020 


8 017 




8 


.018 




8 


.020 




8 


.021 




8 


.023 


9 .019 




9 


.021 




9 


.022 




9 


.024 




9 


.026 


10| .021 




10 


.023 




10 


.025 




10 


.027 




10 


.029 


11 .023 




11 


.025 




11 


.027 




11 


.030 




11 


.032 


12 .025 




12 


.028 




12 


.030 




12 


.032 




12 


.035 


13 


.027 




13 


.030 




13 


.032 




13 


.035 




13 


.037 


14 


.030 




14 


.032 
.035 




14 


.035 




14 


.038 




14 


.040 


15 


.032 




15 




15 


.037 




15 


.040 




15 


.043 


16 


.034 




16 


. .037 




16 


.040 




16 


.043 




10 


.046 


17 


.036 




17 


.039 




17 


.042 




17 


.046 




17 


.049 


18 


.038 




18 


.041 




18 


.045 




18 


.048 




18 


.052 


19 


.040 




19 


.044 




19 


.047 




19 


.051 




19 


.055 


20 


.042 




20 


.046 




20 


.050 




20 


.054 




20 


.058 


21 


.044 




21 


.048 




21 


.052 




51 


.056 




21 


.060 


23 


.046 




22 


.051 




22 


.055 




22 


.059 




22 


.063 


23 


.049 




23 


.053 




23 


.057 




23 


.062 




23 


.066 


24 


.051 




24 


.055 




24 


.060 




24 


.064 




24 


.069 


25 


.053 




25 


.058 




25 


.062 




25 


.067 




25 


.072 


20 


.055 




26 


.060 




20 


.065 




26 


.070 




2(3 


.075 


27 


.057 




27 


.062 




27 


.067 




27 


.072 




27 


.078 


28 


.059 




23 


.064 




28 


.070 




28 


.075 




2S 


.081 


29 


.061 




29 


.067 




29 


.072 




29 
30 


.078 




29 


.083 


30! .063 


# 


30 


.069 


* 


30 


.075 


•3* 


.081 


* 


30 

io 


.086 


Mo 




Mo 


1 


MO 




MO 






1 


.064 




l 


.070 ! 




1 


.076 




1 


.082 




1 


.088 


2 


.128 




2 


.140 




2 


.152 




2 


.163 




2 


.175 


3 


.193 




3 


.210 




3 


.228 




3 


.245 




3 


.263 


4 


.257 




4 


.280,' 




4 


.303 




4 


.327 




4 


.350 


5 


.321 




5 


• .350, 




5 


.379 




5 


.408 




5 


.438 





.385 




6 


.420, 




6 


.455 




G 


.490 




6 


.525 


7 


.449 




7 


.490 




7 


.531 




7' 


.572 




7 


.613 


8 


.513 




8 


.560; 




8 


.607 




8 


.653 




8 


.700 


9 


.578 




9 


.630! 




9 


.683 




9 


.735 




9 


.788 


10 


.642 




10 


.700; 




10 


.758 




10 


.817 




10 


.875 


11 


.706 


* 


11 


.'770 


* 


11 


.834 


* 


il 


.898 


* 


11 


.963 


IS 




Ys 




vs 




^S 




Ys 




1 


.770 




1 


.840i 




1 


.910 




1 


.980 




1 


1.050 


2 


1.540 




2 


1.680 




2 


1.820 




2 


1.960 




2 


2.100 


3 


2.310 




3 


2.520; 




3 


2.730 




3 


2.940 




% 


3.150 





6 INTEREST TABLES AT SEYEN PER CENT. 




.161 




.17i 




.18 




.19 




.20 


$1.60 




$1.70 




$1.80 




$1.90 




$2.00 


$160.00 

Days' §16 

11 .003 


* 


$170.00 


* 


$180.00 


* 


$190.00 

Daysi §19 


# 


$200.00 


Daysi §17 


Days' $18 


Days! $20 


i 


.003 


i 


.003 


i i 


.004 


i 


.004 


2 .006 




2 


.007 




2 


.007 




2 


.007 




2 


.008 


3 .009 




3 


.010 




3 


.010 




3 


.011 




3 


.012 


4 .012 




4 


.013 




4 


.014 




4 


.015 




4 


.015 


5 .015 




5 


.016 




5 


.017 




5 


.018 




5 


.019 


6 .018 




6 


.020 




6 


.021 




6 


.022 




6 


.023 


7 .021 




7 


.023 




7 


.024 




7 


.026 




7 


.027 


8 


.025 




8 


.026 




8 


.028 




8 


.029 




8 


.031 


9 


.028 




9 


.029 




9 


.031 




9 


.033 




9 


.035 


10 


.031! 




10 


.033 




10 


.035 




10 


.036 




10 


.038 


11 


.034 




11 


.036 




11 


.038 




11 


.040 




H 


.042 


12 .037 




12 .039 




12 


.041 




12 


.044 




12 


.046 


13 .040 




13 .042 




13 


.045 




13 


.047 




13 


.050 


14 .043 




14 .046 




14 


.048 




14 


.051 




14 


.054 


15 .046 




15i .049j 




15 


.052 




15 


.055 




15 


.058 


16 .049 




16 .052 




16 


.055 




K5 


.058 




10 


.061 


17 .052 




17 .055 




17 

18 


.059 




17 


.062 




17 


.065 


18; .055 




18 .059 




.062 




18 


.066 




18 


.069 


19 .058 




19 .062 
20| .065 




19 


.066 




19 


.069 




19 


.073 


20 .061 1 






20 


.069 




20 


.073^ 




20 


.077 


21 .064 




21! .068 




21 


.072 




21 


.077; 




21 


.081 


22 .068 




22 .072 




22 


.076 




22 


.080 




22 


.084 


23 .071: 




23 . 075 




23 


.079 




23 


.084 




23 


.088 


24 .074 




24 


.078: 




24 


.083 




24 


.087 




24 


.092 


25 .077; 




25 


.082 




25 


.086 




25 


.091 




25 


.096 


26 .080 




26 


.085; 




20 


.090 




20 


.095 




20 


.100 


27 .083J 




27 


.088: 




27 


.093 




27 


.098 




27 


.104 


28 .086 




28 


.0911 




28 


.097 




28 


.102 




28 


.107 


29 .089, 




29 


.095 




29 


.100 




29 


.106 




29 


.111 


30 . 092 


* 


30 .098 


* 


30 


.104 


* 


30 


.109 


* 


30 


.115 


MO 


MO 




10 


MO 




mo 




1 


.093 1 




1 


.099i 




1 


.105 




1 


.111 




i 


.117 


2 


.187; 




2 


.198 




2 


.210 




2 


.222: 




2 


.233 


3 


.280 




3 


.298 




3 


.315 




3 


.333! 




3 


.350 


4 


.373 




4 


.397 




4 


.420 




4 


.443! 




4 


.467 


5 


.467 




5 


.496 




5 


.525 




5 


.554 1 




5 


.583 


6 


.560 




6 


.595! 




6 .630 




6 


.665 




6 


.700 


7 


.653 




7 


.694 




7 .735| 




7 


.776 




7 


.817 


8 


.747 




8 


.793j 




8i .840' 




8 


.887, 




8 


.933 


9 


.840 




9 


.893 




9 .945 




9 


.998 




9 


1.050 


10 


.933 




10 


.992 




10 1.050 




10 


1.108 




10 


1.167 


11 


1.027 


% 


11 
YS 


1.091 

1 


* 


11 1.155 


■5f 


11 


1.219 


* 


11 


1.283 


YS 




YS 




Ys 




Yi 




1 


1.120 




1 


1.190 




1 


1.260 




1 


1.330 




1 


1.400 


2 


2.240 




2 


2.380 




2 


2.520 




2 


2.660 




2 


2.800 


3 


3.360 




3 


3.570, 




3 


3.780 




! 3 


3.990 




3 


4.200 


Habits of a Man of Business. 


A sacred regard to the principles of justice forms the hasis of every 


transaction, and regulates the conduct of the upright man of business. 





INTEREST TABLES AT SEVEN PER CENT. 



.211 






.221 






.23 






.24| 






.25 


$2.10, 






$2.20 






$2.30 






$2.40; 






$2.50 


$210.00 


* 


$220.00 


* 


$230.00 


# 


$240 oo; 
Daysi§24j 


4 


$250.00 


Days! $21 


Days! $22 


Days! $23 


Days! $25 


1 


.004 


1 


.004 


l 


.004 


l 


.005 


l 


.005 


9, 


.008 




2 


.008 




2 


.009 




2 


.009 




2 


.010 


8 


.012 




?> 


.013 




3 


.013 




8 


.0141 




8 


.014 


4 


.016 




4 


.017 




4 


.0181 




4 


.018 




4 


.019 


fi 


.020 




5 


.021 




5 


.022: 




5 


.023| 




5 


.024 


6 


.024 




6 


.025 




6 


.026 




(J 


.028 




6 


.029 


7 


.028! 




7 


.030 




7 


.031| 




7 


.032' 




7 


.034 


8 


.0321 




8 


.034 




8 


.0351 




8 


.037| 




8 


.038 


9 


.036! 




9 


.038 




9 


.040| 




9 


.041 




9 


.043 


10 


.040' 




10 


.042 




10 


.044! 




10 


.046| 




10 


.048 


11 


.044 




11 


.046 




11 


.049 




11 


.05l! 




11 


.053 


12 


.048| 




12 


.051 




12 


.053 




12 


.055 




12 


.058 


18 


.052j 




18 


.055 




13 


.057 




18 


.060 




18 


.062 


14 


.056! 




14 


.059 




14 


.062 




14 


.064' 




14 


.067 


15 


.060 




15 


.063 




15 


.066 




15 


.069 




15 


.072 


16 


.064| 




16 


.068 




16 


.071 




16 


.074 




16 


.077 


17 


.068! 




17 


.072 




17 


.075J 




17 


.078 




17 


.082 


18 


.072j 




18 


.076 




18 


.079 




18 


.083 




18 


.086 


19 


.077 




19 


.080 




19 


.084 




19 


.087, 




19 


.091 


20 


.081 




20 


.084 




20 


.088 




20 


.092 




20 


.096 


21 


.085 




21 


.089 




21 


.093 




21 


.097 




21 


.101 


22 


.089 




22 


.093 




22 


.097 




22 


.101! 




22 


.105 


23 


.093 




23 


.097 




23 


.101 




23 


.106 




28 


.110 


84 


.097 




24 


.101 




24 


.106 




24 


.110 




24 


.115 


25 


.101 




25 


.105 




25 


.110 




25 


.115 




25 


.120 


26 


.105 




26 


.110 




26 


.115 




26 


.120 ( 




26 


.125 


27 


.109 




27 


.114 




•27 


.119 




27 


.124 




27 


.129 


28 


.113 




28 


.118 




28 


.124 




28 


.129 




28 


.134 


20 


.117 




29 


.122 




29 


.128 




29 


.133! 




29 


.139 


30 


.121 


# 


30 


.127 


* 


30 
10 


.132 


* 


30 


.138 


-* 


30 


.144 


10 




10 




io 




MO 




1 


.123 




1 


.128 




1 


.134 




i 


.140 




1 


.146 


2 


.245 




2 


.257 




2 


.268 




2 


.280 




2 


.292 


8 


.368 




3 


.385 




3 


.403 




8 


.420 




3 


.438 


4 


.490 




4 


.513 




4 


.537 




4 


.560 




4 


.583 


5 


.613 




5 


.642 




5 


.671 




5 


.700 




5 


.729 


6 


.735 




6 


.770 




6 


.805 




6 


.840 




6 


.875 


7 


.858 




7 


.898 




7 


.939 




7 


.980 




7 


1.021 


8 


.980 




8 


1.027 




8 


1.073 




s 


1.120 




8 


1.167 


9 


1.103 




9 


1.155 




9 


1.208 




9 


1.260 




9 


1.313 


10 


1.225 




10 


1.283 




10 


1.342 




10 


1.400 




10 


1.458 


11 


1.348 


* 


11 


1.412 


-X- 


11 


1.476 


-K 


11 


1 1.540 


* 


11 


1.604 


Ys 




YS 




YS 




YS 




YS 




l 


1.470 




1 


1.540 




1 


1.610 




1 


1.680 




1 


1.750 


2 


2.940 




2 


3.080 




2 


3.220 




2 


3.360 




i 2 


3.500 


3 


4.410 




3 


4.620 




3 


4.830 




8 


1 5.040 




8 


5.250 



He is strict in keeping his engagements. 

Keeps his designs and business from the view of others. 

Keeps everything in its proper place. 

Does nothing carelessly or in a hurry. 



INTEREST TABLES AT SEVEN PER CENT. 





.26 






.27 






.28 




1 


.29 




1 . 


.30 


$2.60 




$2.70 




$2.80 




$2.90 




$3.00 


$260.00 




$270.00 




$280.00 




i $290.00 




$300.00 


Days! §26 


# 


Daysi §27 


# 


Daysi §2§ 


# 


mysi $29 


.* 


Days! §3© 


11. .005 


l 


.005 


i 


.005 


1 


.006 


1 11 .006 


21 .010 




2 


.010 




2 


.011 




2 


.011 




j 2 .012 


31 .015 




3 


.016 




3 


.016 




3 


.017 




1 31 .017 


4| .020 




4 


.021 




4 


.021 




4 


.022 




4 l .023 


5| .025 




5 


.026 




5 .027 




i 5 


.028 




5 .029 


6 .030 




6 


.031 




6 


.032 




6 


.033 




6 .035 


7 .035 




7 


.036 




7 


.038 




7 


.039 




7 .040 


8 .040 




8 


.041 




8 


.043 




8 


.C44 




8 


.046 


9 .045 




9 


.047 




9 


.048 




9 


.050 




9 


.052 


10 


.050 




10 


.052 




10 


.054 




10 


.056 




10 


.058 


11 


.055 




11 


.057 




11 


.059 




11 


.061 




11 


.063 


12 


.060 




12 


.062 




12 


.064 




12 


.067 




12 


.069 


13 


.065 




13 


.067 




13 


.070 




13 


.072 




13 


.075 


14 


.070 




14 


.072 




14 


.075 




14 


.078 




14 


.081 


15 .075 




15 


.078 




15 


.081 




15 


.083 




15 


.086 


16' .080 




16 


.083 




16 


.086 




16 


.089 




16 


.092 


17 


.085 




17 


.088 




17 


.091 




17 


.095 




17 


.098 


18 


.090 




18 


.093 




18 


.097 




IS 


.100 




18 


.104 


19 


.095 




19 


.098 




19 


.102 




19 


.106 




19 


.109 


20 


.100 




20 


.104; 




20 


.107 




20 


.111 




20 


.115 


21 


.105 




21 


.109| 




21 


.113 




21 


.117 




21 


.121 


22 


.110 




22 


.114 




22 


.118 




22 


.122 




22 


.127 


23 .115 




23 


.119 




23 


.124 




23 


.128 




23 


.132 


24 


.120 




24 


.124 




04 


.129 




24 


.133 




24 


.138 


25 


.125 




25 


.129 




25 


.134 




25 


.139 




25 


.144 


26 


.130 




26 


.135 




26 


.140 




26 


.145, 




26j .150 
27 .155 


27 


.135 




27 


.140 




27 


.145 




27 


.150 




28 


.140 




28 


.145 




28 


.150 




28 


.156 




281 .161 


29 


.145 




29 


.150 




29 


.156 




29 


.161 




29; .167 


30 . 150 


* 


30 .155 


* 


30 


.161 


■5f 


30 


.167; 


* 


30 1 .173 


10 




10 




10 




MO 




Mo 




1 


.152 




1 


.158 




1 


.163 




1 


.169; 




1 


.175 


2 


.303 




2 


.315 




2 


.327 




2 


.338 




2 


.350 


-3 


.455 




3 


.473 




3 


.490 




3 


.508 




3 


.525 


4 


.607 




4 


.630 




4 


.653 




4 


' .677 




4 


.700 


5 


.758 




5 


.788; 




5 


.817 




5 


.846 




5 


.875 


6 


.910 




6 


.945 




6 


.980 




6 


1.015 




6 


1.050 


7 


1.062 




7 


1.103 




7 


1.143 




7 


1.184! 




7 


1.225 


8 


1.213 




8 


1.260 




8 


1.307 




8 


1.353! 




8 


1.400 


9 


1.365 




9 


1.418 




9 


1.470 




9 


1.523 




9 


1.575 


10 


1.517 




10 


1.575, 




10 


1.633 




10 


1.692 




10 


1.750 


11 


1.668 


* 


11 


1.733 


* 


11 


1.797 


* 


11 


1.861 


*■ 


ll! 


1.925 


YS 




Ys 




YS 




YS 




Ys, 


1 


1.820 




l 


1.890 




1 


1.960 




1 


2.030 




l| 2.100 


2 


3.640 




2 


3. 780 




2 


3.920 




2 


4.060 




21 4.200 


3 


5.460 




3 


5.670 




3 


5.880 




3 


6.090 




31 6.300 



Is prompt and decisive with his customers, and does not overtrade his 
capital. 

Leaves nothing undone that ought to. be done, and which circumstances 
permit him to do. 





INTEREST TABLES AT SEVEN PEE, CENT. 9 


.31 




.32 




.33 




.34 




.35 


$3.10 




$3.20 




$3.30 




$3.40 




$3.50 


$310.00 

Days! § 31 


* 


1 

Da] 


320.00 


# 


$330.00 


•?£ 


! 

Da 1 


,340.00 


# 


$350.00 


m §32 


Days! §33 


m §34 


Days! §35 


l 


.006 


l 


.006 


l 


.006 


i 


.007 


l 


.007 


2 


.012 




2 


.012 




2 


.013 




2 


.013 




2 


.013 


3 


.018 




3 


.018 




3 


.019 




3 


. .020 




3 


.020 


4 


.024 




4 


.025 




4 


.025 




4 


.026 




4 


.027 


5 


.030 




5 


.031 




5 


.032 




5 


.033 




5 


.034 


6 


.036 




6 


.037 




6 


.038 




6 


.039 




6 


.040 


7 


.042 




7 


.043 




7 


.044 




7 


.046 




7 


.047 


•8 


.048 




8 


.C49 




8 


.051 




8 


.052 




8 


.054 


9 


.054 




9 


.055 




9 


.057 




9 


.059 




9 


.060 


10 


.059 




10 


.061 




10 


.063 




10 


.065 




10 


.067 


11 


.065 




11 


.068 




11 


.070 




11 


.072 




11 


.074 


12 


.071 




12 


.074 




12 


.076 




12 


.078 




12 


.081 


13 


.077 




13 


.080 




13 


.082 




13 


.085 




13 


.087 


14 


.083 




14 


.086 




14 


.089 




14 


.091 




14 


.094 


15 


.089 




15 


.092 




15 


.095 




15 


.098 




15 


.101 


16 


.095 




16 


.098 




16 


.101 




16 


.104 




16 


.107 


17 


.101 




17 


.104 




17 


.108 




17 


.111 




17 


.114 


18 


.107 




18 


.110 




18 


.114 




18 


.117 




18 


.121 


19 


.113 




19 


.117 




19 


.120 




19 


.124 




19 


.128 


20 


.119 




20 


.123 




20 


.127 




20 


.130 




20 


.134 


21 


.125 




21 


.129 




21 


.133 




21 


.137 




21 


.141 


22 


.131 




22 

23 


.135 




22 


.139 




22 


.143 




22 


.148 


23 


.137 




.141 




23 


.146 




23 


.150 




23 


.154 


24 


.143 




24 


.147 




24 


.152 




24 


.156 




24 


.161 


25 


.149 




25 


.153 




25 


.158 




25 


.163 




25 


.168 


26 


.155 




26 


.160 




26 


.165 




26 


.170 




26 


.175 


27 


.161 




27 


.166 




27 


.171 




27 


.176 




27 


.181 


28 


.166 




28 


.172 




28 


.177 




28 


.183 




28 


.188 


29 


.172 




29 


.178 




29 


.184: 




29 


.189 




29 


.195 


30 


.178 


* 


30 


.184 


* 


30 


.190 


* 


30 


.196 


* 


30 .201 


Mo 




MO 




MO 




MO 




MO 




l 


.181 




1 


.187 




1 


.193 




1 


.198 




l 


.204 


2 


.362 




2 


.373 




2 


.385 




2 


.397 




2 


.408 


3 


.543 




3 


.560 




3 


.578 




3 


.595 




3 


.613 


4 


.723 




4 


.747 




4 


.770 




4 


.793 




4 


.817 


5 


.904 




5 


.933 




5 


.963 




5 


.992 




5 


1.021 


6 


1.085 




6 


1.120 




6 


1.155 




6 


1.190 




6 


1.225 


7 


1.266 




7 


1.307 




7 


1.348' 




7 


1.388 




7 


1.429 


8 


1.447 




8 


1.493 




8 


1.540 




S 


1.587 




8 


1.633 


9 


1.628 




9 


1.680 




9 


1.733 




9 


1.785 




9 


1.838 


10 


1.808 




10 


1.867 




10 


1.925 ! 




10 


1.983 




10 


2.042 


11 


1.989 


* 


11 


2.053 


* 


11 


2.118: 


* 


11 


2.182 


* 


11 


2.246 


TBI 


Ys 




YS 




Ys 




YS 




11 2.170 




1 


2.240 




1 


2.310 




l 


2.380 




1 


2.450 


2! 4.340 




2 


4.480 




2 


4.620: 




2 


4.760 




2 


4.900 


3; 6.510 




3 


6.720 




3 


6.930 




3 


7.140| 




3 


7.350 




Prefers short credits to long ones, and cash to credit at all times, either 


in buying or selling ; and small profits in credit cases, with little risk to 


the chance of better gains with more hazard. 


Never suffers his desk to be confused by many papers lying upon it. 


2. 







10 DsTEREST TABLES AT SEVEN PEK CENT. 


.36 




.37 




.38; 




.39; 


1 


.40 


$3.60 




$3.70! 




$3.80 




$3.90 




$4.00 


$360.00 




$370.00> 




$380.00, 


$390.00 




$400.00 


Daysi $36 


* 


Days! $37, 


•se- 


Daysi $38 


.»f 


Daysi $39 


* ! 


Days! $40 


1 


.007 


1 


.007 


1 


.007; 


1 


.007 


1 


.008 


2 


.014: 




2 


.014 




2 


.015: 




2 


.015 




2 


.015 


3 


.021; 




3 


.021 




3 


.022' 




3 


.022: 




3 


.023 


4 


.028 




4 


.028 




4 


.029 




4 


.030 




4 


.031 


5 


.035 




5 


.035 ! 




5 


.036 







.037; 




5 


.038- 


6 


.041! 




6 


.043 




6 


.044 




6 


.045 ! 




6 


.046 


7 


.048! 




7 


.050 




7 


.051 




7 


.052? 




7 


.054 


8 


.055, 




8 


.057 




8 


.058 




8 


.060 




8 


.061 


9 


.062 




9 


.064 




1 9 


.066 




9 


.067 




9 


.069 


10 


.069 




10 


.071 




10 


.073 




10 


.075 




10 


.077 


11 


.076 




11 


.078 




11 


.080 




11 


.082 




11 


.084 


12 


.083 




12 


.085 




12 


.087 




12 


.090 




12 


.092 


13 


.090 




18 


.092 




13 


.095 




13 


.097 




13 


.100 


14 


.097 




14 


.099 




14 


.102 




14 


.105 




14 


.107 


15 


.104 




15 


.106 




15 


.109 




15 


.112 




15 


.115 


16 


.110 




16 


.114 




16 


.117 




16 


.120 




16 


.123 


17 


.117 




17 


.121 




17 


.124 




17 


.127 




17 


.130 


18 


.124 




18 


.128 




18 


.131 




18 


.135 




18 


.138 


19 


.131 




19 


.135 




19 


.138 




19 


.142 




19 


.146 


20 


.138 




2i) 


.142 




20 

21 


.146 




20 


.150 




20 


.153 


21 


.145 




21 


.149 




.153 




21 


.157 




21 


.161 


22 


• .152 




22 


.156 




22 


.160 




22 


.165 




22 


.169 


23 


.159 




28 


.163 




23 


.168 




23 


.172 




23 


.176 


24 


. .166 




24 


.170 




24 


.175 




24 


.180 




24 


.184 


25 


.173 




25 


.177 




25 


.182 




25 


.187 




25 


.192 


26 


.180 




26 


.184 




26 


.189 




26 


.194 




20 


.199 


27 


.186 




27 


.192 




27 


.197 




27 


.202 




27 


.207 


28 


.193 




28 


.199 




28 


.204 




28 


.209 




28 


.215 


29 


.200 




29 


.206 




29 


.211 




29 


.217 




29 


.222 


30 


.207 


* 


30 


.213 


tt 


30 


.219 


* 


30 


.224 


* 


30 


.230 


10 




I 




10 




MO 




Mo 




1 


.210 




1 


.216 




1 


.222 




1 


.228 




1 


.233 


2 


.420 




2 


.432 




2 


.443 




2 


.455 




2 


.467 


3 


.630 




3 


.648 




3 


.665 




3 


.683 




3 


.700 


4 


.840 




4 


.863 




4 


.887 




4 


.910 




4 


.933 


5 


1.050 




5 


1.079 




5 


1.108 




5 


1.138 




5 


1.167 


6 


1.260 




6 


1.295 




6 


1.330 




6 


1.365 




6 


1.400 


7 


1.470 




7 


1.511 




7 


1.552 




7 


1.593 




7 


1.633 


8 


1.680 




8 


1.727 




8 


1.773 




8 


1.820 




8 


1.867 


9 


1.890 




9 


1.943 




9 


1.995 




9 


2.048 




9 


2.100 


10 


2.100 




10 


2.158 




10 


2.217 




10 


2.275 




10 


2.333 


11 

Ys 


2.310 


* 


11 


2.374 


* 


11 


2.438 


* 


11 


2.503 


* 


11 


2.567 


Ys 




YS, 


YS] 


Ys 




l 


2.520 




l 


2.590 




1 2.660 




1 2.730 




1 


2.800 


2 


5.040 




2 5.180 




2; 5.320 




2i 5.460 
3) 8.190 




2 


5.600 


3 


7.560 




3 7.770 




3 7.980 


1 




3 


8.400 




Employs no one to do what he can easily do himself. 


He is clear and explicit in all his bargains. 


Leaves nothing of consequence to memory which he can and ought to 


commit to writing. 



INTEREST TABLES AT SEVEN PER CENT. 



11 



.41 




.42 




.43 




.44 




.45 


|4.10 




$4.20 




$4.30 




$4.40 




$4.50 


$410.00 


* 


$420.00 


*• 


$430.00 


* 


$440.00 

Days! $44 


* 


$450.00 


Daysi $41 


iflaysi $42 


Days! $43 


Days! $45 


i 


.008 


l 


.008 


l 


.008 


1 .008 


l 


.009 


2 


.016 




2 


.016 




2 


.016 




2 .017 




2 


.017 


a 


.024 




3 


.024 




3 


.025 




3 .025 




3 


.026 


4 


.031 




4 


.032 




4 


.033 




4 .034 




4 


.035 


5 


.039 




5 


.040 




5 


.041 




5 .042 




5 


.043 


e 


.047 




6 


.048 




6 


.049 




6 .051 




6 


.052 


7 


.055 




7 


.056 




? 


.058 




7 .059 




7 


.060 


8 


.063 




8 


.064 




8 


.066 




8 .068 




s 


.069 


9 


.071 




9 


.072 




9 


.074 




9 .076 




9 


.078 


10 


.079 




10 


.081 




10 


.082 




10 .084 




10 


.086 


11 


.086 




11 


.089 




11 


.091 




LI .093 




11 


.095 


12 


.094 




12 


.097 




12 


.099 




L2 .101 




12 


.104 


13 


.102 




13 


.105 




13 


.107 




13 .110 




13 


.112 


14 


.110 




14 


.113 




14 


.115 




l4 .118 




14 


.121 


15 


.118 




15 


.121 




15 


.124 


] 


L5 .127 




15 


.129 


16 


.126 




16 


.129 




16 


.132 




L6 .135 




16 


.138 


17 


.134: 




17 


.137 




17 


.140 


] 


L7 .143 




17 


.147 


18 


.142 




18 


.145 




18 


.148 


] 


L8 .152 




18 


.155 


19 


.149 




19 


.153 




19 


.157 


] 


L9 .160 




19 


.164 


20 


.157 




20 


,161 




20 


.165 


i 


!0 .169 




20 


.173 


21 


.165 




21 


.169 




21 


.173 


A 


51 .177 




21 


.181 


22 


.173 




22 


.177 




22 


.181 


f 


52 .186 




22 


.190 


23 


.181 




23 


.185 




23 


.190 


j> 


53 .194 




23 


.198 


24 


.189| 




24 


.193 




24 


.198 




54 .203 ! 




24 


.207 


25 


.197! 




25 


.201 




25 


.2061 


s 


,5 .211; 




25 


.216 


2(3 


.2041 




20 


.209 




26 


.214 


s 


,6 .219 




26 


.224 


27 


.2121 




27 


.217 




27 


.223 


g 


7 .228 




27 


.233 


2o 


.220| 




28 


.226 




28 


.231 


g 


8 . .236 




28 


.242 


29 


.228 ! 




29 


.234 




29 


.239 


S 


9 .245 




29 


.250 


30 


.236: 


-Jf 


30 

10 


.242 


* 


30 


.247 


■S 


0| .253^ 


* 


30 

MO 


.259 


10 






MO 




•3* ~ 


! 




1 


.239| 




1 


.245 




1 


.251 




1 .257 




1 


.263 


2 


.4781 




2 


.490 




2 


.502: 




2 .513 1 




2 


.525 


3 


.718! 




3 


.735 




3 


.753| 




3 .770 




3 


.788 


4 


.957! 




4 


.980 




4 


1.003 




4 1.027 




4 


1.050 


5 


1.196J 




5 


1.225 




5 


1.254 




5 1.283 




5 


1.313 





1.435 




6 


1.470 




6 


1.505 




6 1.540. 




6 


1.575 


7 


1.674 




7 


1.715 




7 


1.756; 




7 1.797 




7 


1.838 


8 


1.913 




8 


1.960 




8 


2.007! 




8 2.053 




8 


2.100 


9 


2.153 




9 


2.205 




9 


2.258 




9 2.310 




9 


2.363 


10 


2.392 




10 


2.450 




10 


2.508' 


1 


2.567 

1 2.8231 

S 




10 


2.625 


11 


2.631! 


* 


11 


2.695 


*. 


11 

YS 


2.759 


1 
* I 


■5f 


11 


2.888 


Ys 




Ys 






Ys, 




l 


2. 870 




1 


2.940 




1 


3.010 




1 3.0801 




i 


3.150 


2 


5.740; 




2 


5.880 




2 


6.020 




2 6.160! 




2 


6.300 


3 


8.6101 




3 


8.820 




3 


9.030 




3 9.240; 




3 


9.450 



Keeps copies of all his important letters which he sends away, and has 
every letter, invoice, &c, relating to his business, titled, classed and put 
away. 

He is economical in his expenditures, always living within his income. 









12 INTEREST TABLES AT SEVEN PER CENT. 




.46 




.47 




.48 




.49 




.50 




$4.60 




$4.70 




$4.80 




$4.90 




$5.00 




$460.00 

Days! $46 


•3fr 


$470.00 

Daysi $47 


* 


$480.00 

Days! $48 


* 


$490.00 


■5f 


— O 
C o 




Daysi $49 




l 


.009 


l 


.009 


i 


.009 


l 


.009 


1 


.010 




2 


.018 




2 


.018 




2 


.018 




2 


.019 




2 


.019 




3 


.026 




3 


.027 




3 


.028 




3 


.028 




3 


.029 




4 


.035 




4 


.036 




4 


.037 




4 


.038 




4 


.038 




5 


.044 




5 


.045 




5 


.046 




5 


.047 




5 


.048 




6 


.053 




6 


.054 




6 


.055 




6 


.056 




6 


.058 




7 


.062 




7 


.063 




7 


.064 




7 


.066 




7 


.067 




8 


.071 




8 


.072 




8 


.074 




8 


.075 




8 


.077 




9 


.079 




9 


.081 




9 


.083 




9 


.085 




9 


.086 




10 


.088 




10 


.090 




10 


.092 




10 


.094 




10 


.096 




11 


.097 




11 


.099 




11 


.101 




11 


.103 




11 


.105 




12 


.106 




12 


.108 




12 


.110 




12 


.113 




12 


.115 




13 


.115 




13 


.117 




13 


.120 




13 


.122 




13 


.125 




14 


.124 




14 


.126 




14 


.129 




14 


.132 




14 


.134 




15 


.132 




15 


.135 




15 


.138 




15 


.141 




15 


.144 




16 


.141 




16 


.144 




16 


.147 




16 


.150 




16 


.153 




17 


.150 




17 


.153 




17 


.156 




17 


.160 




17 


.163 




18 


.159 




18 


.162 




18 


.166 




18 


.169 




18 


.173 




19 


.168 




19 


.171 




19 


.175 




19 


.179 




19 


.182 




20 


.176 




20 


.180 




20 


.184 




20 


.188 




20 


.192 




21 


.185 




21 


.189 




21 


.193 




21 


.197 




21 


.201 




22 


.194 




22 


.198 




22 


.203 




22 


.207 




22 


.211 




23 


.203 




23 


.207 




23 


.212 




23 


.216 




23 


.221 




24 


.212 




24 


.216 




24 


.221 




24 


.226 




24 


.230 




25 


.221 




25 


.225 




25 


.230 




25 


.235 




25 


.240 




26 


.229 




26 


.234 




26 


.239 




26 


.244 




26 


.249 




27 


.238 




27 


.243 




27 


.249 




27 


.254 




27 


.259 




28 


.247 




28 


.252 




28 


.258 




28 


.263 




28 


.268 




29 


.256 






.261 




29 


.267 




29 


.273 




29 


.278 




30 


.265 


* 


30 


.270 


■Jfr 


30 


.276 


* 


30 


.282 


* 


30 


.288 




10 




MO 




So 




lo 




MO 






1 


.268 




1 


.274 




i 


.280 




1 


.286 




1 


.292 




2 


.537 




2 


.548 




2 


.560 




2 


.572 




2 


.583 




3 


.805 




3 


.823 




3 


.840 




3 


.858 




3 


.875 




4 


1.073 




4 


1.097 




4 


1.120 




4 


1.143 




4 


1.167 




5 


1.342 




5 


1.371 




5 


1.400 




5 


1.429 




5 


1.458 




6 


1.610 




6 


1.645 




6 


1.680 




6 


1.715 




6 


1.750 




7 


1.878 




7 


1.919 




7 


1.960 




7 


2.001 




7 


2.042 




8 


2.147 




8 


2.193 




8 


2.240 




8 


2.287 




8 


2.333 




9 


2.415 




9 


2.468 




9 


2.520 




9 


2.573 




9 


2.625 




10 


2.683 




10 


2.742 




10 


2.800 




10 


2.858 




10| 2.917 




11 
YS 


2.952 


* 


11 


3.016 


■5f 


11 


3.080 


•Sfr 


11 


3.144 


* 


111 3.208 






YS 




YS 




YS 




YS 






1 


3.220 




1 


3.290 




1 


3.360 




1 


3.430 




1 


3.500 




2 


6.440 




2 


6.580 




2 


6.720 




2 


6.860 




2 


7.000 




3 


9.660 




3 


9.870 




3 


10.080 




3 


10.290 




310.500 




Is always at the head of his business, well knowing that if he leaves it, 




it will leave him. 




Holds it as a maxim that he whose credit is suspected is not to be 




trusted. 









INTEREST TABLES AT SEYEN PER CENT. 13 


.51 




.52 




.53 




.54 




.55 


$5.10 




$5.20 




$5.30; 




$5.40 




$5.50 


$510.00 


# 


$520.00 


•Jfr 


$530.00 

Daysi $53: 


* 


$540.00 

Daysl $54 


* 


$550.00 


Daysl $51 


Daysl $52 


Daysl ^^ 


1 


.010 


1 


.010 


i 


.010 


l 


.010 


l 


.011 


2 


.020 




2 


.020 




2 


.020 




2 


.021 




2 


.021 


3 


.029 




3 


.030 




3 


.030 




3 


.031 




3 


.032 


4 


.039 




4 


.040 




4 


.041 




4 


.041 




4 


.042 


5 


.049 




5 


.050 




5 


.051; 




5 


.052 




5 


.053 


6 


.059 




6 


.060 




6 


.061! 




6 


.062 




6 


.063 


7 


.068 




7 


.070 




7 


.071! 




7 


.072 




7 


.074 


8 


.078 




8 


.080 




8 


.081! 




8 


.083 




8 


.084 


9 


.088 




9 


.090 




9 


.091 




9 


.093 




9 


.095 


10 


.098 




10 


.100 




10 


.102 




10 


.104 




10 


.105 


11 


.108 




11 


.110 




11 


.112 




11 


.114 




11 


.116 


12 


.117 




12 


.120 




12 


.1221 




12 


.124 




12 


.127 


18 


.127 




13 


.130 




13 


.132} 




13 


.135 




13 


.137 


14 


.137 




14 


.140 




14 


.142| 




14 


.145 




14 


.148 


15 


.147 




15 


.150 




15 


.152, 




15 


.155 




15 


.158 


16 


.156 




16 


.160 




16 


.1631 




16 


.166 




16 


.169 


17 


.166 




17 


.170 




17 


.173 




17 


.176 




17 


.179 


18 


.176 




18 


.180 




18 


.183: 




18 


.186 




18 


.190 


19 


.186 




19 


.189 




19 


.193 




19 


.197 




19 


.200 


20 


.196 




20 


.199 




20 


.203, 




20 


.207 




20 


.211 


21 


.205 




21 


.209 




21 


.213 




21 


.217 




21 


.222 


22 


.215 




22 


.219 




22 


.224 




22 


.228 




22 


.232 


23 


.225 




23 


.229 




23 


.234 




23 


.238 




23 


.243 


24 


.235 




24 


.239 




24 


.244 




24 


.249 




24 
25 


.253 


25 


.245 




25 


.249 




25 


.254 




25 


.259 




.264 


26 


.254 




26 


.259 




26 


.264 




26 


.269 




26 


.274 


27 


.264 




27 


.269 




27 


.274 




27 


.280 




27 


.285 


28 


.274 




28 


.279 




28 


.285 




28 


.290 




28 


.295 


29 


.284 




29 


.289 




29 


.295 




29 


.300 




29 


.306 


30 


.293 


# 


30 

MO 


.299 


* 


30 

MO 


.305 


* 


30 

MO 


.311 


■Jfr 


30 


.316 


10 






MO 




1 


.298 




1 


.303 




1 


.309 




1 


.315 




1 


.321 


2 


.595 




2 


.607 




2 


.618 1 




2 


.630 




2 


.642 


3 


.893 




3 


.910 




3 


.928 




3 


.945 




3 


.963 


4 


1.190 




4 


1.213 




4 


1.237! 




4 


1.260 




4 


1.283 


5 


1.488 




5 


1.517 




5 


1.546, 




5 


1.575 




5 


1.604 


6 


1.785 




6 


1.820 




6 


1.855 




6 


1.890 




6 


1.925 


7 


2.083 




7 


2.123 




7 


2.164 




7 


2.205 




7 


2.246 


8 


2.380 




8 


2.427 




8 


2.473 




8 


2.520 




8 


2.567 


9 


2.678 




9 


2.730 




9 


2.783. 




9 


2.835 




9 


2.888 


10 


2.975 




10 


3.033 




10 


3.092 




10 


3.150 




10 


3.208 


11 


3.273 


# 


11 


3.337 


•£ 


11 


3.401: 


■3fr 


11 


3.465 


* 


11 


3.529 


Ys 




YS 




YS 




Ys 




YS 




l 


3.570 




1 


3.640 




1 


3.710 




l 


3.780 




1 


3.850 


2 


7.140 




2 


7.280 




2 


7.420 




2 


7.560 




2 


7.700 


3 


10.710 




3 


10.920 




3 


11.130 




3 


11.340 




3 


11.550 


Is constantly examining his books, and sees through the whole affairs 


as far as care and attention will enable him. 


Balances regularly at stated times, and then makes out and transmits 


all his accounts current to his customers, both at home and abroad. 







14 INTEREST TABLES AT SEVEN PER CEXT. • 


.56 


.57 .58 




.59 




.60 


$5.60 




$5.70 


$5.80 
$580.00 

* ;Days!£58 

1 .011 




$5.90 




$6.00 


$560.00 


* 


8570.00 


! "Jf '" 


$590.00 

Daysi §59 

1 .011 


* 


$61)0.00 

Daysi £60 

; 1| .012 


Daysl £56 

1 .011 


Daysl §57 


i 


.011 


2 


.021 




2 


.022 


2 .022 




2 .023 




2 


.023 


3 


.032 




3 


.033 


3 .033 




3 


.034 




3 


.035 


4 


.043 




4 


.044 


4 .044 




4 


.045 




4 


.046 


5 


.054 




5 


.055 


5 


.056 




5 


.057 




5 


.058 


6 


.064 




6 


.066 




6 


.067 




6 


.068 




6 


.069 


7 


.075 




7 


.077 




7 


.078 




7 


.079 




7 


.081 


8 


.086 




8 


.087 




8 


.089 




8 


.091 




8 .092 


9 .097 




9 


.098 




9 .100 




9 


.102 




9 


.104 


10 .107 




10 


.109 






10 


.113 




10 


.115 


11 .118 




11 


.120 




11 


.122 




11 


.124 




11 


.127 


12 .129 




12 .131 




12 


.133 




12 


.136 




12 


.138 


13 .140 




13 .142 




13 


.145 




13 


.147 




13 


.150 


14 .150 




14\ .153 
15 .164 




14 


.156 




14 


.158 




14 


.161 


15 .161 






15 


.167 




15 .170 




15 


.173 


18 .172 




16 .175 




16 


.178 




16 


.181 




in 


.184 


17 .183 




17 .186 




17 


.189 




17 


.192 




17 


.196 


18 .193 




18 .197 




18 


.200 




18 


.204 




18 


.207 


19 .204 




19 .208 




19 


.211 




19 


.215 




19 


.219 


20 .215 




20 


.219 




20 


.222 




20 


.226 




20 


.230 


21 .226 




21 


.230 
.240 




21 


.234 




21 


.238 




21 


.242 


22 .236 




22 




22 


.245 




22 


.249 




22 


.253 


23 


.247 




23 


.251 




23 


.256 




23 


.260 




23 


.265 


24 


.258 


24 


.262 




24 


.267 




24 


.272 




24 


.276 


25 


.268 




25 


.273 




25 


.278 




25 


.283 




25 


.288 


26 


.279 




26 


.284 




26 


.289 




26 


.294 




26 


.299 


27 


.290 




27 


.295 




27 


.300 




27 


.306 




27 


.311 


28! .301 




28 


.306 




28 


.311 




28 


.317 




28 


.322 


29 .311 




29 .317; 




29 


.323 




29 


.328 




29 


.334 


30 .322 


•Sf 


30 .328 


•Jf 


30 . 334 


* 


30 


.339 


4f 


3,. 

MO 


.345 


Hfl 


10 




lo 


MO 






1 .327 




1 


.333 




1 


.338 




1 


.344 




1 


.350 


2 .653 




2 


.665 




2 


.677; 




2 


.688 1 




2 


.700 


3 .980 




3 


.998 




3 


1.015 




3 


1.033 




3 


1.050 


4 1.307 




4 


1.330 




4 


1.353 




4 


1.377 




4 


1.400 


5 1.633 




5 


1.663 




5 


1.692 




5 


1.721 




5 


1.750 


6 1.960 




6 


1.995 




6 2.030 




6 


2.065 




6 


2.100 


7 2.287 




7 


2.328 




7 2,368 




7 


2.409 




7 


2.450 


8 2.613 




8 


2.660 




8 2.707 




8 


2.753 




8 


2.800 


9 2.940 




J 


2.993 




9 


3.045 




9 


3.098 




9 


3.150 


10 3.267 




3.325 




10 


3.383 




10 


3.442 


* 


10 


3.500 


111 3.593 


* 


11 


3.658 


X 


11 


3.722 


* 


il 

IS 


3.786 


* 


11 

YS 


3.850 


Yll 


Ts 




Ys 






l' 3.920 




1 


3.990 




l 


4.060 




1 


4.130 




1 


4.200 


2 7.840 




2 


7.980 




2 


8.120 




2 


8.260 




2 


8.400 


311.760 




3 


11.970 




312,180 




3 


12.390 




3 


12.600 










Avoids as much as possible all sorts of accommodation in money mat- 


ters and law suits where there is the least bazard. 


Keeps a memorandum book in his pocket, in wbich he notes every par- 


ticular relative to appointment, addresses and petty cash matters. 


_,,.,,, . „., 



INTEREST TABLES AT SEVEN PEE CENT. 



15 



.611 






.62 






.63; 






.64 






.65 


$6.10 






$6.20 






$6.30i 






$6.40 






$6.50 


$610.00 


# 


$620.00 


* 


$630.00; 


* 


$640.00 


•fc 


% 

Pay 
1 


650.00 


Days! #61 


Daysl $62 


Days! #63! 


Days! $64 


SI "$65 


1 


.012 


1 


.012 


1 


.012! 


1 


.012 


.012 


2 


.023 




2 


.024 




2 


.024 




2 


.025 




2 


.025 


3 


.035 




3 


.036 




3 


.036 




3 


.037 




8 


.037 


4 


.0471 




4 


.048 




4 


.048! 




4 


.049 




4 


.050 


5 


.058 




5 


.059 




5 


.060 




5 


.061 




5 


.062 


6 


.070 




6 


.071 




6 


.072| 




6 


.074 




6 


.075 


7 


.082 




7 


.083 




7 


.0851 




7 


.086 




7 


.087 


8 


.094 




8 


.095 




8 


.097 




8 


.098 




8 


.100 


9 


.1051 




9 


.107 




9 


.109! 




9 


.110 




9 


.112 


10 


.117 




10 


.119 




10 


.121! 




10 


.123 




10 


.125 


11 


.129| 




11 


.131 




11 


.133] 




11 


.135 




11 


.137 


12 


.140! 




12 


.143 




12 


.145! 




12 


.147 




12 


.150 


13 


.152 




13 


.155 




13 


.157j 




13 


.160! 




13 


.162 


14 


.164! 




14 


.166 




14 


.169! 




14 


.172 




14 


.175 


15 


.175 




15 


.178 




15 


.181 




15 


.184 




15 


.187 


16 


.1871 




1.6 


.190 




16 


.193i 




16 


.196 




16 


.199 


17 


.1991 




17 


.202 




17 


.205 




17 


.209 




17 


.212 


18 


.2111 




18 


.214 




18 


.217 




18 


.221 




18 


.224 


19 


.222! 




19 


.226 




19 


.230 




19 


.233 




19 


.237 


20 


.234! 




20 


.238 




20 


.242 




20 


.245 




20 


.249 


21 


.246! 




21 


.250 




21 


.254 1 




21 


.258 




21 


.262 


22 


.257| 




22 


.262 




22 


.266| 




22 


.270 




22 


.274 


28 


.269 




23 


.273 




23 


.278, 




23 


.282 




28 


.287 


24 


.281 




24 


.285 




24 


.290 




24 


.295 




24 


.299 


25 


.292 




25 


.297 




25 


.302 




25 


.307 




25 


.312 


26 


.304 




26 


.309 




26 


.314, 




26 


.319 




26 


.324 


27 


.316 




27 


.321 




27 


.326 




27 


.331 




27 


.337 


28 


.328 




28 


.333 




28 


.338 




28 


.344 




28 


.349 


29 


.339 




29 


.345 




29 


.350 




29 


.356 




29 


.362 


30 


.351 


•Jf 


80 


.357 


* 


80 


.362 


* 


80 


.368 


* 


30 

10 


.374 


MO 




MO 




M 




Mo 






1 


.356 




1 


.362 




1 


.368 




1 


.373 




1 


.379 


2 


.712 




2 


.723 




2 


.735 




2 


.747 




2 


.758 


8 


1.068 




3 


1.085 




8 


1.103 




3 


1.120 




3 


1.138 


4 


1.423 




4 


1.447 




4 


1.470 




4 


1.493 




4 


1.517 


5 


1.779 




5 


1.808 




5 


1.838 




5 


1.867 




5 


1.896 


6 


2.135 







2.170 


1 


6 


2.205 







2.240 




6 


2.275 


7 


2.491 




7 


2.532 




7 


2.573 




7 


2.613 




7 


2.654 


8 


2.847 




8 


2.893 




8 


2.940 




8 


2.987 




8 


3.033 


9 


3.203 




9 


3.255 




9 


3.308 




9 


3.360 




9 


3.413 


10 


3.558 




10 


3.617 




10 


3.675 




10 


3.783 




10 


3.792 


11 


3.914 


* 


11 


3.978 


* 


11 


4.043 


■fc 


11 


4.107 


* 


11 


4.171 


YS 




YS 




Ys 




YS 




Ys 




1 


4.270 




1 


4.340 




1 


4.410 




1 


4.480 




1 


4.550 


2 


8.540 




2 


8.680 




2 


8.820 




2 


8.960 




2 


9.100 


3 


12.810 




3 


13.020 




3 


13.230 




3 


13.440 




3 


13.650 



Is cautious how lie becomes security for any person ; aucl is generous 
when urged by motives of humanity. 
Take pleasure in your business, and it will become your recreation. 
Hope for the best, think for the worst, and bear whatever happens. 





16 INTEREST TABLES AT SEVEN PER CENT. 


.66 




.67 




.68; 




.69 




.70 


$6.60 




$6.70 




$6.80 




$6.90 




$7.00 


$660.00, 

Days] $66 


•3fr 


$670.00 


* 


$680.00 

Days' §68| 


-X- 


$690.00 


* 


$700.00 

Days! §70 


Day 


S!§67 


Daysi §69 


l 


.013 


1 


.013: 


l 


.013! 


l 


.013 


l 


.013 


2 


.025 




2 


.026 




2 


.026 1 




2 


.026 




2 


.027 


3 


.038 




3 


.039 




3 


.039 




3 


.040 




3 


.040 


4 


.051 




4 


.051 




4 


.052 




4 


.053 




4 


.054 


5 


.063 




5 


.064 




5 


.065 




5 


.066 




5 


.067 


6 


.076 




6 


.077| 




6 


.078 




6 


.079 


• 


6 


.081 


7 


.089 




7 


.090; 




7 


.091 




7 


.093 




7 


.094 


8 


.101 




8 


.103 




8 


.104 




8 


.106 




8 


.107 


9 


.114 




9 


.116 




9 


.117 




9 


.119 




9 


.121 


10 


.127 




10 


.128' 




10 


.130 




10 


.132 




10 


.134 


11 


.139 




11 


.141 




11 


.143 




11 


.146 




11 


.148 


12 


.152 




12 


.154 




12 


.156 




12 


.159 




12 


.161 


13 


.165 




13 


.167 




13 


.170 




13 


.172 




13 


.175 


14 


.177 




14 


.180 




14 


.183 




14 


.185 




14 


.188 


15 


.190 




15 


.193 




15 


.196 




15 


.198 




15 


.201 


16 


.203 




16 


.206 




16 


.209 




16 


.212 




16 


.215 


17 


.215 




17 


.218 




17 


.222 




17 


.225 




17 


.228 


18 


.228 




18 


.231 




18 


.235 




18 


.238 




18 


.242 


19 


.240 




19 


.244 




19 


.■248 




19 


.251 




19 


.255 


20 


.253 




20 


.257 




20 


.261 




20 


.265 




20 


.268 


21 


.266 




21 


.270 




21 


.274 




21 


.278 




21 


.282 


22 


.278 




22 


.283 




22 


.287 




22 


.291 




22 


.295 


23 


.291 




23 


.296 




23 


.300 




23 


.304 




23 


.309 


24 


.304 




24 


.308 




24 


.313 




24 


.318 




24 


.322 


25 


.316 




25 


.321 




25 


.326 




25 


.331 




25 


.336 


26 


.329 




2(3 


.334 




26 


.339 




26 


.344 




26 


.349 


27 


.342 




27 


.347 




27 


.352 




27 


.357 




27 


.362 


28 


.354 




28 


.360 




28 


.365 




28 


.371 




28 


.376 


29 


.367 




29 


.373 




29 


.378 




29 


.384 




29 


.389 


30 


.380 


•3fr 


30 


.385 


•5fr 


30 


.391 


-k 


30 


.397 


* 


,30 


.403 


10 




10 




10 




10 




10 




1 


.385 




1 


.391 




1 


.397 




1 


.403 




1 


.408 


2 


.770 




2 


.782 




2 


.793 




2 


.805 




2 


.817 


3 


1.155 




3 


1.173 




3 


1.190 




3' 1.208 




3 


1.225 


4 


1.540 




4 1.563 




4 


1.587 




4 1.610 




4 


1.633 


5 


1.925 




5 1.954 




5 


1.983, 




5 2.013 




5 


2.042 


6 


2.310 




6 2.345 




6 


2.380; 




6 2.415 




6 


2.450 


7 


2.695 




7 2.736 




7 


2.777 




7 2.818 




7 


2.858 


8 


3.080 




8 3.127 




8 


3.173 




8 3.220, 




8 


3.267 


9 


3.465 




9 


3.518 




9 


3.570 




9 3.623, 




9 


3.675 


10 


3.850 




10 


3.908 




10 


3.967 




10 4.025! 




10 


4.083 


11 


4.235 


* 


11 


4.299 


* 


11 


4.363 


* 


II 1 4.428 


# 


11 

YS 


4.492 


YS 




Ys 




YS 


■ 


Ys 




1 


4.620 




l 


4.690 




1 


4.760 




i 


4.830 




1 


4.900 


2 


9.240 




2 


9.380, 




2 


9.520: 




2 


9.660 




2 


9.800 


313.860 




3114.070 




3 


14.280! 




3)14.490 




3 


14.700 


Let a man act strictly to these habits ; when once begun they will be 


very easy to continue — ever remembering that he hath no prohts by his 


pains whom Providence doth not prosper — and success will attend his 


efforts. 



INTEREST TABLES AT SEVEN PER CENT. 



17 



MO 



.414 
.828 
1.243 
4! 1.657 
5 2.071i 
6. 2.485 

7 2.899: 

8 3.313 

9 3.728' 
.0 4.142 
l| 4.556 ! 



4.970 
9.940 
314.910 



.72 

$7.20 

$720.00 



Days! 



MO 



$72 

.014! 

.028 

.041 

.055 

.069 

.083 

.097 

.110 

.124 

.138 

.152 

.166 

.180 

.193 

.207 

.221 

!235 

.249 

.262 

.276 

.290 

.304 

.318 

.331 

.345 

.359 

.373 

.387 

.400 

.414 



.420 
.840 
1.260 
1.680 
2.100 
2.520 
2.940 
3.360 
3.780 
4.200 
4.620 



Ysl 
l| 5.040 
210.080 
3115.120 



$7.30; 
$730.00 
iyS! $73,\ 
.014 
.0281 
.042J 
.056 
.070t 
.084 
.098 

.112! 

.126 
.140 
.154 

.168 
.182! 
.196 
.210! 
. 224J 
.'238 
.252 
.266 
.280 
.294 



YS 



.322 
.336 
.350 
.364 
.378 
.392 
.406 
.420 



.426 

.852! 
1.27& 
1.703 
2.129 
2.555 
2.981 
3.407 
3.833 
4.258 
4.684 



. 5.110 
210.220; 
3il5.330| 



.74 

$7.40 

$740.00 



**4 



.014 

.028 

.043 

.057! 

.071! 

.085 

.099 

.114! 

.128! 

.142 

.156i 

.170 

.184 

.199 

.213 

.227 

.241 

.255 

.270 

.284 

.298 

.312 

.326 

.341 

.355 

.369 

.383 

.397 

.412 

.426 



.432 

.863 

1.295 

1.7271 
2.158 
2.590 
3.022 
3.453 1 
3.885: 
4.317 
4.748, 



5.180 
10.360 
15.540 



.75 

$7.50 

$750.00 

ays! $75 



9 

10 
11 

12 

13 
14 
15 
16 

17 

18 
19 
20 
21 
22 
23 
24 
!25 
26 
! 27 
28 
29 

3( L 



.014 

.029 

.043 

.058 

.072 

.086 

.101 

.115 

.129 

.144 

.158 

.173 

.187 

.201 

.216 

.230 

.245 

.259 

.273 

.288 

.302 

.316 

.331 

.345 

.360 

.374 

.388 

.403 

.417 

.432 



1 
2 

8 

5 
6 1 

7! 3. 



.438 
.875 
1.313 
1.750 
2.188 
2.625 
063 

8 3.500 

9 3.938 
10 4.375 
11' 4.813 



1 5.250 
210.500 
3il5.750 



MAXIMS. 

Economy is the easy chair of old age. 
Time is the most precious of all possessions. 



18 INTEREST TABLES AT SEVEN PER CENT. 




.76 




.77 




.78| 




.79 




.80 


$7.60 




$7.70 




$7.80 




$7.90 




$8.00 


$760.00 

Days! #7« 


* 


$770.00 


# 


$780.00 


* 


$790.00 

Days! #7» 


* 


$800.00 


Daysi #77 


Days' #7§ 


Daysi #80 


i 


.015 


l 


.015 


i 


.015 


i 


.015 


i 


.015 


2 


.029 




2 


.030 




2 


.030 




2 


.030 




2 


.031 


3 


.044 




3 


.044 




3 


.045 




3 


.045 




3 


.046 


4 


.058 




4 


.059 




4 


.060 




4 


.061 




4 


.061 


5 


.073 




5 


.074 




5 


.075 




5 


.076 




5 


.077 


6 


.087 




6 


.089 




6 


.090 




6 


.091 




6 


.092 


7 


.102 




7 


.103 




7 


.105 




7 


.106 




7 


.107 


8 


.117 




8 


.118 




8 


.120 




8 


.121 




8 


.123 


9 


.131 




9 


.133 




9 


.135 




9 


.136 




9 


.138 


10 


.146 




10 


.148 




10 


.150 




10 


.152 




10 


.153 


11 


.160 




11 


.162 




11 


.165 




11 


.167 




11 


.169 


12 


.175 




12 


.177 




12 


.180 




12 


.182 




12 


.184 


13 


.189 




13 


.192 




13 


.194 




13 


.197 




13 


.199 


14 


.204 




14 


.207 




U 


.209 




14 


.212 




14 


.215 


15 


.219 




15 


.222 




15 


.224 




15 


.227 




15 


.230 


16 


.233 




16 


.236 




16 


.239 




16 


.242 




16 


.245 


17 


.248 




17 


.251 




17 


.254 




17 


.258 




17 


.261 


18 


.262 




18 


.266 




18 


.269 




18 


.273 




IS 


.276 


19 


.277 




19 


.281 




19 


.284 




19 


.288 




19 


.292 


20 


.292 




•20 


.295 




20 


.299 




20 


.303 




20 


.307 


21 


.306 




21 


.310 




21 


.314 




21 


.318 




21 


.322 


22 


.321 




22 


.325 




22 


.329 




22 


.333 




22 


.338 


23 


.335 




23 


.340 




23 


.344 




23 


.348 




23 


.353 


24 


.350 




2-1 


.354 




24 


.359 




24 


.364 




24 


.368 


25 


.364 




25 


.369 




25 


.374 




25 


.379 




25 


.384 


26 


.379 




26 


.384 




26 


.389 




26 


.394 




26 


.399 


27 


.394 




27 


.399 




27 


.404 




27 


.409 




27 


.414 


28 


.408 




28 


.413 




28 


.419 




28 


.424 




2b 


.430 


29 


.423 




29 


.428 




29 


.434 




29 


.439 




29 


.445 


30 .437 


* 


30 


.443 


*- 


30 


.449 


* 


30 


.455 


•5f 


30 


.460 


lo 


MO 




LV10 




1110 




M 




1 


.443 




1 


.449 




1 


.455 




1 


.461 




1 


.467 


2 


.887 




2 


.898 




2 


.910 




2 


.922 




2 


.933 


31 1.330 




3 


1.348 




3 


1.365 




3 


1.383 




3 


1.400 


4! 1.773 




4 


1.797 




4 


1.820 




4 


1.843 




4 


1.867 


5 2.217 




5 


2.246 




5 


2.275 




5 


2.304 




5 


2.333 


6 2.660 




6 


2.695 




6 


2.730 




6 


2.765 




6 


2.800 


7| 3.103 




7 


3.144 




7 


3.185 




7 


3.226 




7 


2.267 


8| 3.547 




8 


3.593 




8 


3.640 




8 


3.687 




8 


3.733 


9i 3.990 




9 


4.043 




9 


4.095 




9 


4.148 




9 


4.200 


10 4.433 




10 


4.492 




10 


4.550 




10 


4.608 




10 


4.667 


ll 1 4.877 


* 


11 


4.941 


# 


11 


5.005, 


* 


11 


5.069 


* 


11 


5.133 


YS 




n 




u 




X, 




n 




1 


5.320 




i 


5.390 




1 


5.460 




1 


5.530 




l 


5.600 


2 


10.640 




2 


10.780 




2 


10.920 




2 


11.060 




2 


11.200 


3 


15.960 




3 


16.170 




3 


16.380 




3 


16.590 




3 


16.800 


Wilful waste makes woeful want. 


What is done well enough, is done quick enough. 


Every man is the architect of his own fortune. 


They must hunger in frost, who will not work in heat. 



INTEREST TABLES AT SEVEN PER CENT. 



19 





.81 




.82 




.8k 




.84 




.85 


$8.11) 




$8.21 




$8.31 




$8.4C 




$8.50 


$810. 0C 


■5f 


$820. OC 


* 


$830. OC 


# 


$840. OC 


» 


$850.00 


Dayst $§i 


Days! $82 


Days! §83 


Dayst $84 


Days! #85 


i 


.Old 


1 .016 


1 .Olt 


1 .016 


1 .016 


2 


.031 




2 .031 




2 .032 




2 .032 




2 .033 


£ 


.047 




3 .047 




3 .048 




3 .048 




3 .049 


4 


.062 




4 .063 




4 .064 




4 .064 




4 .065 


5 


.078 




5 •.079 




5 .080 




5 .081 




5 .082 


(j 


.093 




6 .094 




6 .096 




6 .097 




6 .098 


7 


.109 




7 .110 




7 .111 




7 .113 




7 .114 


8 


.124 




8 .126 




8 .127 




8 .129 




8 .130 


i 


.140 




9 .142 




9 .143 




9 .145 




9 .147 


11 


.155 




10 .157 




10 .159 




10 .161 




10 .163 


11 


.171 




11 .173 




LI .175 




11 .177 




11 .179 


12 


.186 




12 .189 




12 .191 




12 .193 




12 .196 


13 


.202 




.3 .204 




L3 .207 




L3 .209 




L3 .212 


14 


.217 




14 .220 




L4 .223 




L4 .226 




L4 .228 


15 


.233 




L5 .236 




15 .239 




L5 .242 




L5 .245 


10 


.249 




L6 .252 




L6 .255 




[6 .258 




L6 .261 


17 


.264 




L7 .267 




17 .271 




L7 .274 




L7 .277 


18 


.280 




L8 .283 


1 


8 .287 




L8 .29C 


1 


L8 .293 


19 


.295 


] 


19 .299 


1 


9 .302 




19 .306 


1 


L9 .310 


2d 


.311 




JO .315 




50 .318 




50 .322 


( 


50 .326 


21 


.326 


f 


51 .330 




51 .334 


A 


51 .338 




51 .342 


22 


.342 




52 .346 




,2 .350 




,2 .354 




52 .359 


2y 


.357 




,3 .362 




,3 .366 




,3 .371 


S 


53 .375 


24 


.373 


£ 


A .377 




4 .382 




4 .387 




54 .391 


25 


.388 




,5 .393 




5 .398 


5 


5 .403 




5 .408 


20 


.404 




,6 .409 


< 


6 .414 





6 .419 


•: 


6 .424 


27 


.419 




rt .425 


g 


7. .43( 


• 


7 .435 


9 


7 .440 


28 


.435 




,8 .440 





8 .446 





8 .451 





8 .456 


29 


.450 




9 .456 





9 .462 





9 .467 


2 


9 .473 


no 


.466 


* i 


.472 


3 

* i 


.478 


:■ 


.483 


i 


.489 


MO 




10 


10 


* k 


[0 


* W 


[0 


1 


.473 




1 .478 




1 .484 




1 .490 




1 .496 


2 


.945 




2 .957 




2 .968 




2 .980 




2 .992 


y 


1.418 




3 1.435 




3 1.453 




3 1.470 




3 1.488 


4 


1.890 




4 1.913 




4 1.937 




4 1.960 




4 1.983 


5 


2.363 




5 2.392 




5 2.421 




5 2.450 




5 2.479 


G 


2.83f) 




6 3.87* 




6 2.905 




6 2.940 




6 2.975 


7 


3.308 




7 3.348 




7 3.389 




7 3.430 




7 3.471 


8 


3.780 




8 3.827 




8 3.873 




8 3.920 




8 3.967 


9 


4.253 




9 4.305 




9 4.358 




9 4.410 




9 4.463 


10 


4.725 


i 


4.783 


i 


4.842 


1 


4.900 


1 


4.958 


11 


5.198 


* i 


1 5 262 


i 


1 5.326 


1 


1 5.390 


1 


1 5.454 


Ysj 




S 


*■ I 


S 


■& y 


S 


* Y 


S 


1 


5.670 




1 5.740 




1 5.810 




1 5.880 




1 5.950 


2 


11.340 




211.480 




211.620 




211.760 




211.900 


3 


17.010 




317.220 




317.430 




3J17.640 




317.850 



He who serves well, need not be afraid to ask his wages. 
What thou canst do thyself, commit not to another. 
A slothful man is a beggar's brother. 
An ill servant will never be a good master. 



20 



INTEREST TABLES AT SEVEN PEE CENT. 



.86 




.87 


.88 .89 
$8.80 $8.90 


.90 


$8.60 




$8.70 


$9.00 


$860.00 




$870.00 


$880.00 $890.00 


$900.00 


Days! §86 


■5f 


Days, $87 * 


Daysi ss§ 


* Days: 389 * 


Days! £90 


1 


.016 


l 


.017 




i 


.017 


i 


.017 


1 .017 


2 


.033 




2 


.033 




2 


.034 


2 


.034 


2 .035 


3 


.049 




3 


.050 




3 


.051 


3 


.051 


3 .052 


4 


.066 




4 


.067 




4 


.068 




4 


.068 4 .069 


5 


.082 




5 


.083 




5 


.084 




5 


. 085 


5 


.086 


6 


.099 




6 


.100 







.101 




.102 


& 


.104 


7 


.115 




7 


.117 




7 


418 




7 


.119 


7 


.121 


8 


.132 




- 


.133 




8 


.135 




8 


.137 


8- 


.138 


9 


.148 




9 


.150 




9 


.152 




9 


.154 


9 


.155 


10 


.165 




10 


.167 




10 


.169 




10 


.171 


10 


.173 


11 


.181 




11 


.184 




11 


.186 




11 


.188; 


11 


.190 


12 


.198 




12 


.200 




12 


.203 




12 


.205 


12 .207 


18 


.214 




13 


.217 




13 


.219 




13 


ooo 


13 .224 


14 


.231 




14 


.234 




14 


.236 




14 


.239 


14 .242 


15 


.247 




15 


.250 




15 


.253 




15 


.256 


15 .259 


16 


.264 




10 


.267 




16 


.270 




16 


.273 


16 .276 


17 


.280 




17 


.284 




17 


.287 




17 


.290 


17 .293 


18 


.297 




IS 


.3C0 




18 


.304 




18 


.307 


18 .311 


10 


.313 




10 


.317 




10 


.321 




10 


.324 




19 


.328 


20 


.330 




20 


.334 




20 


.338 




2 'J 


.341 




2<> 


.345 


21 


.346 




21 


.350 




21 


.354 


- 


21 


.358 




21 


.362 


22 


.363 




00 


.367 




22 


.371 




22 


.376 


22^ .380 


23 .379 




23 


.384 




23 


.388 




23 


.393 


23 .397 


24 .396 




24 


.400 




24 


.405 




24 


.410 


24i .414 

25 .432 


25 .412 




25 


.417 




25 


.422 


25 


.427 


26 .429 




26 


.434 




26 


.439 




26 


.444 


20 .449 


27 


.445 




27 


.450 




27 


.456 




27 


.461 


27 .466 

28 .483 


28 


.462 




28 


.467 




28 


.473 




28 


.478 


29 


.478 




20 


.484 




20 


.489 




20 


.495 




29 .501 


30 .495 


* 


30 


.501 


•* 


80 


.506 


* 


30 


.512 


* 


30! -518 


Mo 




Lie 




I 




Mil 




MO 




l 


.502 




1 


.508 




1 


.513 




i 


.519 




1 


. 525 


2 


1.003 




2 


1.015 




2 


1.027 




2 


1.038 




2 


1.050 


3 1.505 




3 


1.523 




3 


1.540 




3 


1.558 




3 


1.575 


4J 2.007 




4 


2.030 




4 


2.053 




4 


2.077 




4 


2.100 


5 2.508 




5 


2.538 




5 


2.567 




5 


2.596 


5 


2 . 625 


6 3.010 




6 


3.045 




6 


! 3.080 




6 


3.115 


6 


3.150 


7 3.512 




! 7 


3.553 




r- 


! 3.593 




7 


3.634 


■ ( 


3.675 


8! 4.013 




8 


4.060 




8 


4.107 




4.153 


8 


4.200 


9 4.515 




9 


4.568 




{ 


4.620 


1! 9 


4.673 





4.725 


10 


5.017 




10 


5.075 




K 


i 5.133 




10 


5.192 




10 


5.250 


11 


5.518 


# 


U 


5.583 


* 


11 


| 5.647 


* 


11 


1 5.711 


* 


11 

Ys 


5.775 


Ysi 


ft] 


YS 




YS 






1 6.020 




1 1 6.090 




1 


6.160 


1 


6.230 




I 


6.300 


212.040 




2112.180 




2 


12.320 


2 


12.460 


12.600 


* 


18.060 




3 


18.270 




3 


118.480 




3 


18.690 




3 


18.900 



Opinion is private property, which the law cannot seize. 
Revenge is the only debt which it is wrong to pay. 
Past services should never be forgotten. 
Gold has more worshipers than God. 





INTEREST TABLES AT SEVEN PER CENT. 21 


.91 




.92 




.93 




.94 




.95 


$9.10 




$9.20 




$9.30 




$9.40 




$9.50 . 


$910.00 


* 


$920.00 


* 


$930.00 


•& 


$940.00 


■5f 


$950.00 


Daysi f9i 


Daysl $92 


Daysi $93 


'Daysl $94 


IDaysl $95 


l 


.017 


l 


.018 


i 


.018 


l 


.018 


l 


.018 


2 


.035 




2 


.035 




2 


.036 




2 


.036 




2 


.036 


3 


.052 




3 


.053 




3 


.054 




3 


.054 




3 


.055 


4 


.070 




4 


.071 




4 


.071 




4 


.072 




4 


.073 


5 


.087 




5 


.088 




5 


.089 




5 


.090 




5 


.091 


6 


.105 




6 


.106 




6 


.107 




6 


.108 




6 


.109 


7 


.122 




7 


.124 




7 


.125 




7 


.126 




7 


.128 


8 


.140 




8 


.141 




8 


.143 




8 


.144 




8 


.146 


9 


.157 




9 


.159 




9 


.161 




9 


.162 




9 


.164 


10 


.175 




10 


.176 




10 


.178 




10 


.180 




10 


.182 


11 


.192 




11 


.194 




11 


.196 




11 


.198 




11 


.200 


12 


.209 




12 


.212 




12 


.214 




L2 


.216 




12 


.219 


13 


.227 




13 


.229 




13 


.232 




13 


.234 




13 


.237 


14 


.244 




14 


.247 




14 


.250 




14 


.252 




14 


.255 


15 


.262 




15 


.265 




15 


.268 




15 


.270 




15 


.273 


16 


.279 




16 


.282 




16 


.285 




1(5 


.288 




10 


.292 


17 


.297 




17 


.300 




17 


.303 




17 


.306 




17 


.310 


18 


.314 




18 


.318 




18 


.321 




18 


.324 




18 


.328 


19 


.332 




19 


.335 




19 


.339 




19 


.343 




19 


.346 


20 


.349 




20 


.353 




20 


.357 




20 


.361 




20 


.364 


21 


.366 




21 


.371 




21 


.375 




21 


.379 




21 


.383 


22 


.384 




22 


.388 




22 


.392 




22 


.397 




22 


.401 


23 


.401 




23 


.406 




5 


.410 




23 


.415 




23 


.419 


24 


.419 




24 


.423 




24 


.428 




24 


.433 




24 


.437 


25 


.436 




25 


.441 




25 


.446 




25 


.451 




25 


.455 


26 


.454 




20 


.459 




26 


.464 




20 


.469 




20 


.474 


27 


.471 




27 


.476 




27 


.482 




27 


.487 




27 


.492 


28 


.489 




28 


.494 




2S 


.499 




28 


.505 




28 


.510 


29 


.506 




2!) 


.512 




29 


.517 




29 


.523 




29 


.528 


30 

10 


.524 


* 


30 

10 


.529 


■X- 


30 


.535 


X 


30 


.541 


* 


30 


.547 




MO 




lo 




Mo 




1 


.531 




1 


.537 




1 


.543 




1 


.548 




l 


.554 


2 


1.062 




2 


1.073 




2 


1.085; 




2 


1.097 




2 


1.108 


3 


1.593 




3 


1.610 




3 


1.628! 




3 


1.645 




3 


1.663 


4 


2.123 




4 


2.147 




4 


2.170 




4 


2.193 




4 


2.217 


5 


2.654 




5 


2.683 




5 


2.713 




5 


2.742 




5 


2.771 


6 


3.185 







3.220 




6 


3.255| 







3.290 







3.325 


7 


3.716 




7 


3.757 




7 


3.798^ 




7 


3.838 




7 


3.879 


8 


4.247 




8 


4.293 




8 


4.3401 




8 


4.387 




8 


4.433 


9 


4.778 




9 


4.830 




9 


4.883! 




9 


4.935 




9 


4.988 


10 


5.308 




10 


5.367 




10 


5.425 




10 


5.483 




10 


5.542 


11 


5.839 


* 


il 

YS 


5.903 


* 


11 


5.968 


•£ 


11 


6.032 


* 


11 


6.096 


YS 






YS 




YS 




Is 




1 


6.370 




1 


6.440 




1 


6.510 




1 


6.580 




1 


6.650 


2 


12.740 




2 


12.880 




2 


13.020 




2 


13.160 




2 


13.300 


3 


19.110 




3 


19.320 




3 


19.530J 




3 


19.740 




3 


19.950 


Honesty is the best policy; but lie who acts upon this principle is not 


an honest man. 


There are none so wicked as represented ; none so good as they should 
be. 





22 



INTEREST TABLES AT SEVEN PEE CENT. 



.90 




.97 




.98 




.99 


1 


$ $1.00 


$9.60 




$9.70 




$9.80 




$9.90 




$10.00 


$960.00 


-/? 


1 $970.00 


* J 


$980.00 
jaysi £98 


* 


$990.00 

LJHVS £99 

1 .019 


* fl 


$1000.00 


Daysi £96 


Daysl £97 


i'S £100 


l 


.018 


1 


.019 


I .019 


1 .019 


g 


.037 




2 


.037 




2 .038 




2 .038 




2 .038 


8 


.055 




2 


.056 




3 .056 




3 .057 




3 .058 


4 


.074 




4 


.074 




4 .075 




4 .070 




4 .077 


5 


.092 




5 


.093 




5 .094 




5 .095 




5 .096 


(J 


.110 




c 


.112 




6 .113 




6 .114 




6 .115 


7 


.129 




7 


.130 




7 .132 




7 .133 




7 .134 


8 


.147 




8 


.149 




8 .150 




8 .152 




8 .153 


9 


.166 




9 


.167 




9 .169 




9 .171 




9 .173 


10 


.184 




k 


.186 




10 .188 




LO .190 


1 


.192 


11 


.203 




11 


.205 


] 


LI .207 




LI .209 




1 .211 


12 


.221 




L2 


.223 


j 


.2 .226 




L2 .228 


1 


2 .230 


13 


.239 




13 


.242 


1 


.3 .244 




L3 .247 


1 


3 .249 


14 


.258 




14 


.260 


1 


4 .263 




L4 .266 


1 


4 .268 


15 


.276 




15 


.279 


1 


5 .282 




L5 .285 


1 


5 .288 


16 


.295 




16 


.298 


1 


6 .301 




L6 .304 


1 


6 .307 


17 


.313 




IT 


.316 


1 


7 .320 


■ 


L7 .32c 




7 .326 


18 


.331 




18 


.335 


1 


8 .338 




L8 .342 


1 


8 .345 


1!) 


.350 




.353 


1 


9 .357 


' 


9 .361 


1 


9 .364 


20 


.368 


20 


.372 


^ 


.376 


. 


>0 .380 


S 


.384 


21 


.o8l 


21 


.391 


•; 


1 .395 


•„ 


>1 .399 


•; 


1 .403 


22 


.405 


22 


.409 


§ 


2 .413 




>2 .418 


• 


2 .422 


28 


.423 23 


.428 


§ 


3 .432 




53 .437 


i s 


3 .441 


24 


.442 24 


.446 


§ 


4 .451 




'4 .456 





4 .460 


25 


.4601 25 


.465 





5 .470 




55 .475 


13 


5 .479 


26 


.479 26 


, .484 


g 


6 .489 




6 .494 


•: 


6 .499 


27 


.497 27 


.502 


a 


7 .507 


s 


7 .513 


•: 


7 .518 


28 


.516 28 


.521 





8 .526 




8 .532 


2 


8 .537 


2'J 


.534 29 


.539 


2 


9 .545 


3 


9 .551 


2 


9 .556 


BO 


.552 


80 
* KO 


.558- e 


0! .564 


• 


.570 


: J 


.575 


HO 






* k 


[01 


* 1 


10 


* & 


LO 


1 


.560 


1 


.566 




l| .572 




1 .578 




1 .583 


2 


1.120 


9 


1.132 


2 1.143 




2 1.155 




2 1.167 


8 


1.680 II 3 


1.698 


3 1.715 




3 1.733 




8 1.750 


4 


2.240! 4 


2.263 




4 2.287 




4 2.310: 




4 2.333 


5 


2.800 5 


2.829 




5 2.858 




5 2.888! 




5 2.917 


(5 


3.360 6 


3.395 




6 3.430 




6 3 . 465! 




6 3.500 


< 


3.920 7 


3.961 




7 4.002 




7 4.043 


; 


7 4.083 


8 


4.480 8 


4.527 




8 4.573 




8 4.620 




S 4.667 


9 


5.040 9 


5.093 




9 5.145 




9 5.198 1 




9 5.250 


10 


5.600 10 


5.658 


1 


5.717 


1 


5.775 


1 


) 5.833 


11 


6.160 


11 

w Ys 


6.224 


1 


1 6.288 


i 


1 6.358 


1 
* Y 


ll 6.417 


!s 


* y 


S 


* s 


S 


5 


i 


6.720^ 




1 


6.790 




1 6.860 




1 6.930 




1 7.000 


2 


13.440 




2 


13.580 




2 13.720 




213.860 


. 


2 14.000 


3 


20.160 


3,20.370 


i 


3 20.580 




3 20.7901 




5 2 1.000 



Man doubles his evils by brooding upon them. 

Good nature collects honey from every herb ; ill nature sucks poison 
from the sweetest flowers. 
He that neglects time, him time will neglect. 



THE RIGHTS, DUTIES AND OBLIGATIONS 

OF PARTIES TO 

COMMERCIAL PAPER 



The parties to Commercial Paper are, as the case may be : 

The Drawer or Promisor, or person who draws and signs the paper. 

The Drawee, or person on whom the request or demand is made. 

The Payee, Promisee, or Indorsee, or person to whom the money is di- 
rected to be paid. 

The Indorser, or person who indorses or writes his name on the back 
of a note, bill of exchange, draft or check, and who, by this act, makes 
himself liable to pay the same. 

Commercial paper may be negotiable or non-negotiable. 

By Negotiable Paper is meant that which may be freely transferred 
from one owner to another, so that the transferee, or holder, may sue the 
same in his own name, without being subject to any set-offs, or legal or 
equitable defences existing between the original parties, if transferred for 
a valuable consideration before maturity, and received without any defect 
therein. In other words, it means Bills of Exchange, or Promissory 
Notes, or Drafts, or Checks payable to the order of a payee or to bearer, 
Bank Notes, Coupon Bonds, Certificates of Deposit and Letters of Credit. 

By Non- Negotiable Paper is meant that which is made payable to the 
payee therein designated, without authority to transfer it to a third party. 
It may be passed from one party to another by indorsement or assign- 
ment, but it will then be subject to all set-offs, and legal or equitable de- 
fences existing between the original parties. 

Tlie Title to Negotiable Paper Passes by Delivery, if made payable to 
bearer, or to payee or bearer, but if made payable to payee or order, the 
title passes by indorsement and delivery. The title to non-negotiable paper 
passes by indorsement and delivery, or by a mere verbal assignment and 
delivery. 

The Primary Debtor, in the case of a promissory note, is the drawer or 
promisor. To a bill of exchange or draft, there are three parties — the 



24 COMMERCIAL PAPER. 



drawer, drawee and payee. On the acceptance of a bill or draft, the ac- 
ceptor or drawee becomes the primary debtor upon the same. 

The Promise of the note, and the order of the bill or draft, must be 
absolute. Words expressive of mere intention do not make a promissory 
note, and a mere request without an order does not make a bill of ex. 
change or draft. No particular set of words are absolutely necessary in 
either case ; if from all the language the distinct promise or positive order 
is inferred, it is sufficient. 

A Negotiable Instrument, (bill of exchange, draft, or promissory note,) 
must be made payable in money only, and a definite amount specified 
therein. When made payable in anything else, or by the performance of 
any act, there is no presumption that it is founded upon a valuable con- 
sideration. A consideration must be alleged in the complaint and proved 
on trial. 

A Negotiable Instrument may be with or without date ; with or without 
seal ; and with or without designation of the time or place of payment. 
It may be written upon any paper or proper substitute for it, in any lan- 
guage, in ink or pencil. A name may be signed or indorsed by mark ; 
the instrument may contain a pledge of collateral security, with author- 
ity to dispose thereof. 

The date may be inserted by the maker of a negotiable instrument, 
whether past, present, or future, and the instrument is not invalidated by 
his death or incapacity at the time of the nominal date. If no time of 
payment is specified in the instrument, it is payable immediately. If no 
place of payment is designated, it is payable wherever held at maturity. 

If made payable to the order of the maker, or of a fictitious person, if 
issued by the maker for a valid consideration, without indorsement, it 
has the same effect against him and all other persons having knowledge 
of the facts, as if payable to the bearer. If made payable to the order of 
a person obviously fictitious, it is payable to the bearer. 

When there is not room for an indorsement on the back of the instru- 
ment, a signature equivalent to an indorsement thereof may be made on 
a paper attached thereto, or on the face of the instrument. 

Indorsements are general or special ; general if no indorsee is named ; 
special if one is named. If bearing a general indorsement, it cannot be 
subsequently specially indorsed; but any lawful holder may turn a general 
indorsement into a special one, by writing above it a direction for pay- 
ment to a particular person. 

Every indorser of a negotiable instrument warrants to every subse- 
quent holder thereof, who is not liable thereon to him : 



COMMERCIAL PAPER. 



25 



1st. That it is in all respects what it purports to be. 

2d. That he has a good title to it. 

3d. That the signatures of all prior parties are binding upon them ; 
and, 

4th. That if the instrument is dishonored, the inclorser will, upon no- 
tice thereof duly given unto him, or without notice where it is excused 
by law, pay so much of the same as the holder paid therefor, with in- 
terest. 

An indorser who qualifies his indorsement with the words "without 
recourse," or their equivalent, is responsible only to the same extent as in 
the case of a transfer without indorsement. 

An indorsee has the same right against every prior party thereto, 
that he would have had if the contract had been made directly between 
them in the first instance. 

An inclorser has all the rights of a guarantor, and is exonerated from 
liability in like manner. 

An indorser, at the request, and for the accommodation of another party 
to the instrument, has all the rights of a surety, and is exonerated in like 
manner, in respect to every one having notice of the facts, except that he 
is not entitled to contributions from subsequent indorsers. 

The want of consideration for the undertaking of a drawer, drawee, or 
indorser of the instrument, does not exonerate him from liability there- 
on to an indorsee in good faith and for a consideration. 

One who makes himself a party to an instrument intended to be nego- 
tiable, but which is left wholly or partly in blank, for the purpose of fill- 
ing afterwards, is liable upon the instrument to an indorsee thereof, in 
due course, in whatever manner, and at whatever time it may be filled, 
so long as it remains negotiable in form. 

It is not necessary to make a demand of payment upon the principal 
debtor in order to charge him ; but if the instrument is, by its terms, 
payable at a specified place, and he is able and willing to pay it there at 
maturity, such ability and willingness are equivalent to an offer of pay- 
ment upon his part. 

Of Presentment for Demand of Payment, — Negotiable paper must be 
presented for payment, when necessary, as follows, as near as by reason- 
able diligence it is practicable : 

1st. It must be presented by the holder, or his authorized agent. 

2d. It must be presented to the principal debtor, if he can be found at 
the place where presentment should be made, and if not, then it must be 
presented to some other person of discretion, (who is in the habit of pay- 
ing money for the principal debtor,) if one can be found there, and if 



26 COMMERCIAL PAPER. 



not, then it must be presented to a notary public within the State. 

3d. An instrument which specifies a place for its payment, must be 
presented there ; and if the specification includes any of several different 
places, presentment at any one of them will be sufficient. If payable at 
a banker's, or at the house or counting-room of any person, and such 
banker or person becomes the owner at maturity, this is demand enough ; 
aud if there are no funds deposited with him for payment, this is refusal 
enough. If any house be designated, a presentment to any person there, 
or at the door, if the house be shut up, is enough. 

4th. If no place of payment is specified, it must be presented at the 
place of residence or business of the principal debtor, or wherever he may 
be found, at the option of the presenter. 

5th. It must be presented upon the day of its apparent maturity, with- 
in reasonable hours, and, if it is payable at a banking house, within the 
usual banking hours of the vicinity ; but by the consent of the person to 
whom it should be presented, it may be presented at any hour of the day. 
Bankruptcy or insolvency of the payer is no excuse for non-demand ; 
whema demand is made, the bill or note should be exhibited, although this 
is not absolutely necessary. 

In this country, all negotiable paper payable at a certain time after 
date, sight, or demand, is entitled to grace, which here means three day* 1 
delay of payment, unless it be expressly stated and agreed that there shall 
be no grace ; and a presentment for payment before the ladulay of grace, 
is premature, the note not being due until then. If the last day of grace 
falls on a Sunday, or on a legal holiday, the paper is due on the clay pre- 
ceding. Bat if there be no grace, and the note falls due on a Sunday, or 
other holiday, it is not due and payable until the folio icing day. In New 
York, Pennsylvania, Virginia, and some other States, no grace is allow- 
ed on paper made paj'able at sight. 

The Apparent Maturity of a NegotiaUt Instrument, payable at a par- 
ticular time, is the day on which, by its terms, it becomes due ; but when 
that day falls on a Sunday or a legal holiday, it must be paid on the pre- 
vious day, except there be no grace, when the preceding paragraph will 
govern. 

Tlw Apparent Maturity of a Bill of Exchange or draft, payable at sight 
or on demand, is : 

1. If it bears interest, one year after its date ; or, 

2. If it does not bear interest, ten days after date, in addition to the 
time which would suffice, with ordinary diligence, to forward it for ac- 
ceptance. 



COMMERCIAL PAPER. 



27 



The apparent maturity of a promissory note, payable at sight or on 
demand, is : 

1. If it bears interest, one year after its date ; or, 

2. If not on interest, six months after date. 

When a promissory note is payable at a certain time after sight or de- 
mand, such time is to be added to the period mentioned in the preceding 
paragraph. 

A party to a negotiable paper may require of the holder, on its pay- 
ment to him : 

1. That the instrument be surrendered to him, unless it is lost or de- 
stroyed, or the holder has other claims upon it ; or, 

2. If the holder has a right to retain the instrument, and does not re- 
tain it, then that a receipt for the amount paid, or an exoneration of the 
party paying, be written thereon ; or, 

3. If the instrument be lost, then that the holder give to him a bond, 
executed by himself and two sufficient sureties, to indemnify him against 
any lawful claim thereon ; or, 

4. If the instrument is destro} r ed, then that proof of its destruction be 
given him. 

A negotiable instrument is dishonored, when it is either not paid or not 
accepted, according to its tenor, on presentment for the purpose, or with- 
out presentment, where that is excused. 

Of Protest and Notice. — The notice of protest or dishonor may be giv- 
en by a holder, or by a party to the instrument who might be compelled 
to pay it to the holder, and who would, upon taking it up, have a right 
to reimbursement from the party to whom the notice is given, or by a 
notary public, or by any respectable inhabitant in the presence of a wit- 



The protest must be made by a notary public after the demand of ac- 
ceptance or payment has been made and refused, and all the facts should 
be noted on the day of demand and refusal, and may be filled up after- 
wards, even so late as at the trial. Notice must be given, even to one 
who has knowledge of -its dishonor. No particular form is necessary ; it 
may be written or oral ; all that is positively necessary is, that it should 
specify the note or bill with sufficient distinctness, and state that it has 
been dishonored ; and also that the party notified is looked to for pay- 
ment; it may be given personally, or sent by mail, postage, paid. No 
copy of the protest need be sent to indorsers, but information of the pro- 
test should be given. 

If a party, to whom notice of dishonor should otherwise be given, be 
dead, the notice must be given to one of his personal representatives ; or 



28 COMMERCIAL PAPER. 



if there be none, then to any member of his family who resided with him 
at his death ; or, if there be none, then it mnst be enclosed as a letter, 
properly directed to his last place of residence, depositing it in the post 
office and paying the postage thereon. 

A Protest or 3 ait to a party after his death, bnt in 

| ignorance thereof, and in good faith, is valid. 

When given by the holder of an instrument, or his agent, other 
than by mail, it mnst be given on the day of dishonor, or on the next 
business day following ; when given by mad. it must be deposited in the 
post office in time for the first mail which closes after noon of the first 
business day succeeding this dishonor, and which leaves the place where 
the instrument was dishonored, for the place to which the notice should 
be sent. If the parties live in the same village or city, notice should 
not be sent by mad, unless the person whom it is desired to notify resides 
within the limits served by a regular postal letter carrier, but should be 
served personally on the indorser or drawer, or sent to his residence or 
place of business. 

When a bill is protested for non-acceptance, the drawer is obligated to 
pay it immediately, even though the specified time has not expired. 

WTien the holder of a negotiable paper, at the time of its dishonor 
mere agent for the owner, he should give notice to his principal in the 
same manner as to an indorser, and his principal may give notice to any 
other party to be charged, as if he were himself an indorser. And if an 
agent of the owner employs a -rub-agent, it is sufficient for eacL 
agent or sub-agent to give notice in like manner to d. 

E \ : e : living notice has a day, or until the next mail after the 

day in which he receive* it. before he is obliged to send the notice for- 
ward. Thus, if there be six indorsers, and the instrument is due on the 
13th of June, at Albany, and is then demanded and unpaid, the holder 
may send it by any mail which leaves Albany on the 14th of June, (or if 
the 14th falls on Sunday, then it must be sent on the loth,) to the last in- 
dorser. where he lives ; and that indorser may send it to the indorser im- 
mediately before him, by any mail on the day succeeding the one on 
which he receives it; and so may each of the parties receiving notice; 
and ad the par- iy will be held. But 

this additional tune is available only to the particular party entitled 
thereto. 

- holder may always give notice to aU a itet " . • "' », and it is 

:. and in this country, usual, to do so. For the holder 

loses all remedy against all those who are discharged by the failure of 

any one receiving notice to transmit it properly. But if a holder under- 



COMMERCIAL PAPER. 



29 



takes to notify all the antecedent parties, he must notify all as soon as he 
was obliged to notify the party nearest to him ; that is, the day after the 
dishonor of the note. 

Of Partial Payments. — When made, the creditor or holder of the paper 
should write across the bach of the note, bond, or other obligation, the 
date and amount paid. The method approved by the United States 
Supreme Court, for casting interest upon bonds, notes or other obliga- 
tions, upon which partial payments have been made, is to apply the pay- 
ment in the first place to the discharge of the interest then due. 

If the payment exceeds the interest, the surplus goes towards discharg- 
ing the principal, and the subsequent interest is to be computed on the 
balance of the principal remaining due. But if the payment be less than 
the interest due, the surplus of interest must not be taken to augment the 
principal, but interest continues on the former principal until the time 
when payments, taken together, exceed the interest due ; and then the 
surplus is to be applied towards discharging the principal. 

In drawing a note, the drawer will find it more convenient to make it 
payable in one, two or three months, than at thirty, sixty or ninety days, 
and may sometimes save the paper from dishonor ; for unless accurately 
counted, a day may be lost, as some months have thirty days, while oth- 
ers have thirty-one ; and though the note was given on the 20th of one 
month, at thirty days, it might not fall due on the same day of the next 
month, plus grace ; while if written, one month, &c, it would invariably 
fall due on the same day of the next month, plus grace ; as when the 
term " months''' is made use of, it is the calendar, and not lunar, month. 

If notes are to draw interest from their date, or from a given time after 
date, the fact must be so stated in the body of the notes. 

When the rate per cent, is not specified in any instrument bearing in- 
terest, the legal rate is understood. In some States the laws allow parties 
to give and take higher rates, by special agreement. 

Book accounts bear interest after the expiration of the term of credit, 
and notes are on interest after they become due, though no mention of 
interest is made in them. If, however, the holder of negotiable paper, 
not indorsed and not bearing interest, neglects to present the same for 
payment at maturity, he camiot maintain an action to recover interest or 
damages and costs incurred thereon between the time of maturity and 
presentment for payment from the payor, providing the latter can prove 
his ability and readiness to pay it, at that time ; and paper drawing in- 
terest ceases to do so when, under similar conditions, payment is not de- 
manded at the proper time, and the payor may discharge himself from 
all damages and costs beyond' the amount of the paper. 



30 



COMMERCIAL PAPER. 



FORMS. 

CHECKS. 

No. 1. — Negotiable. 

$37.00. ' ' Rome, Oct. 1st, 1869. 

First National Bank of Rome : 
Pay to John H Jones, or order, Tliirty- Seven Dollars. 

William Tell. 

If desired, the words " or order," in the first form, may be omitted, 
and the words " or bearer," substituted. This will have the effect to 
make it transferable without the indorsement of the payee, though it is 
always best to have the indorsement even in such cases. 

No. 2. — Non-Negotiable. 

Same as the above, with the words " or order" omitted. 



DRAFTS, OR INLAND BILLS OF EXCHANGE. 

No. 1. — Negotiable. 

$225.00. Mexico, Aug. 12 th, 1869. 

At sight, {it may be Five, Ten or more days after sight or date,) pay 

to the order of George C. Buck, Two Hundred and Twenty-five Dollars, 

value received, and charge the same to account of John Doe. 

To Walter Markham & Go.,) 
Amsterdam, N Y. \ 

No. 2. — Non-Negotiable. 

Same as above, except that the words " to the order of" slwuld be omitted. 



NOTES. 

No. 1. — Negotiable. 

$154.75. Syracuse, July 5th, 1869. 

Two months after date, for value received, I promise to pay to the order 
of John H. Jones, One Hundred and Fifty -four and 75-100 Dollars, at 
Mechanics National Bank, with interest. George C. Williams. 



COMMERCIAL, PAPER. 



31 



No. 2. — Negotiable. 

$220.00. Oswego, July 10th, 1869. 

Six months after date, for value received, I promise to pay James C. 
Thompson, or bearer, Two Hundred and Twenty Dollars, at my house. 

Lorenzo Smith. 

No. 3. — Negotiable. 

$45.00. Oneida, Dec. 15th, 1869. 

On demand, I promise to pay John Smith, or order, Forty-five Dollars, 
with interest, at his store, for value received. Hugh Whitcomb. 

No. 4. — Non-Negotiable. 

$75.50. Onondaga, Aug. 10th, 1869. 

One month after date, for value received, I promise to pay Alfred Wheel- 
er Seventy-five and 50-100 Dollars, with interest. Lyman Tremain. 



Receipts. — Too much importance cannot, perhaps, be attached to the 
practice of taking receipts for monies and valuables paid or transferred 
to other parties, as they are generally considered a sufficient refutation 
of any claims which a creditor, through inadvertence, may present a 
second time, and in the absence of which, or other collateral evidence, 
you may be compelled to pay twice for the same thing. More especially 
is this important where you act as an intermediate agent between two 
principals. It is a dangerous practice, which is too frequently indulged 
in, to suppose that the person with whom you transact business will 
make the proper entries, and thus obviate the necessity of your doing 
so ; for though he may design doing this, he is liable to err. It should 
be remembered that each one keeps a record of his business transactions 
for his own convenience and safety, and not for the accommodation of 
his neighbors. Receipts, however, afford only subsidiary evidence of the 
complete or partial satisfaction of an account, contract, agreement, or 
other obligation, and are always open to testimony, either in defense 
or refutation. They are of all degrees of fullness, and it is always ad- 
visable to specify the particulars for which the money was paid or the 
thing transferred, except the acknowledgement in full is made on a 
written or printed instrument, when the words, " Received Payment," 
with the date and signature attached, is sufficient. Their form may be 
varied to suit the circumstances of any particular case, as all that is ne- 



32 COMMERCIAL PAPER. 



cessary is to acknowledge the receipt of a valuable consideration, and 
state with sufficient clearness for what the same was received. The fol- 
lowing forms for general use are subjoined: 

{Date.) 

Received from (here give name and date, and for what purpose; and if 
received from tloc agent of the principal debtor, both names should, be giv- 
en) Dollars. 

(Signature.) 



(Date.) 

Received from - 

Dollars, on account of and in part payment for. 



(Signature. 



(Date.) 

Received from Dollars, 

for amount in full of all dues to date. 

(Signature.) 



(Date.) 

The following { payers, or oilier articles, which enumerate and describe.) 

were delivered to me by 

(add, on account of, or in execution of, the promise or bargain, describing it; 

and if they are delivered for any particular pur pose, describe that,) tin re- 
ceipt of which I hereby acknowledge, 

(Signature.) 



A partial payment on a note or other negotiable instrument may be 

receipted thus : 

(Date.) 

Received on the within (note, or other instrument, which name,) 

Dollars. 

(Xo signature is necessary.) 



NEW METHOD OF COMPUTING INTEREST, 
OX ANY PRINCIPAL, FOR ANY GIVEN TIME AXD RATE, 



BY CANCELLATION. 



Notwithstanding the fact that certain reformers are agitating the ques- 
tion of charging interest on money lent, with a view to abolishing the 
practice as unjust, it is quite certain that, should their efforts eventually 
prove successful, a very long period must elapse before it is universally 
thrown into disuse. But we are not concerned with the discussion of this 
problem here. So long as it is customary and lawful to charge interest, 
unique and simple methods of computing it will be welcome. The 
one here presented possesses many peculiar advantages over the or- 
dinary processes, as will be seen by examining the examples by which it 
is illustrated. It is presumed that the nature of interest is understood by 
all into whose hands this work may find its way ; hence its discussion 
will not be attempted. 

When the interest on any given principal for an} r exact number of 
years is required, it will only be necessary to multiply the principal by 
the rate per cent., and that product by the number of years, as in the or- 
dinary method. 

To find the interest on $60, for 317 days, at 6 per cent., we place the 
principal, time and rate per cent, on the right of a vertical line, and 360, 
or its factors 12 and 30, on the left, thus : — 



317 



It will readily be seen that, by applying the axiom 

that, dividing both numerator and denominator of a 

fraction by the same number does not alter its value, 

$ 3.17 the numbers on each side of the line may be canceled 

indefinitely so long as factors common to numbers on opposite sides of 
5 



34 



SEW METHOD OF COMPUTING INTEREST. 



the line can be eliminated. Hence, 30 on the left is contained twice in 
60 on the right ; twice 6 on the right equals 12 on the left Since 317 is 
the only remaining factor, this, with the separatrix placed between the 
dollars and cents, is the answer. It will be understood that the rate per 
cent, is six hundredths instead of the whole number six, as represented 
in the example, and that the cipher and separatrix are omitted for con- 
venience ; hence, the result should be divided by 100 to obtain the correct 
answer. 

The practice of expressing the rate per cent, as read, by using the ci- 
pher and separatrix, has its advantages to the learner ; though one 
thoroughly conversant with decimals will experience no difficulty in 
omitting them. He will rind it convenient to do so. Invariably, if tJtc 
principal is dollars, the answer is cents ; and if the principal is cents, tloe 
answer is hundredths of cents. 

It should be understood that, as established by custom, 12 months of 
30 days each, make an interest year ; though, if it is desired, 365 may be 
substituted for 360 on the left ; it makes only 1-75 part difference. 

What is the interest on $620.60, for 5 months and 12 days, at 7 per 
cent. ? 



g— 12 



$690.60—12412—3103 

ar— 9 



In this example we have mixed 
time. 12 days is % of a month. 5 i 
may be reduced to an improper frac- 
tion, and the numerator, 27, placed on $19.5489 
the right, and the denominator, 5, on the left. In all cases, the n umeralor 
of a fraction occupies the same place that otherwise the whole n umber would; 
'chile the denominator is invariably placed opposite. Cancelling as before, 
we find the product of the remaining factors to be 195489 ; and since the 
principal is cents, we point off four figures from the right, and find the 
answer to be $19.54^. 

What is the interest on $600.60, for 34 years, at 4^ per cent. ? 

We make 3£ years -y\ and U per cent. §, and place 10 and 9 on the 
right, and 3 and 2 on the left. Since the only object in placing 12 and 
30 on the left is to reduce the time to years, as the time is already in 
years, it is unnecessary to place anything more there. In all problems 
where the principal, time or rate per cent, is in mixed numbers, the frac- 
tions may be disposed of in this way, and not only much complexity be 
avoided, but all the small fractions which, for convenience, are fre- 
quently discarded in the ordinary methods, be brought into the so- 
lution. 



NEW METHOD OF COMPUTING INTEREST. 



35 



$ 600.60 

;0— 5 

?-3 

$90.0900 



We now have the statement : — Two into 10, five, 
and three into 9, three times ; now 3 x 5 x 600.60= 
9009.00. We now cut off two figures for cents, the 
hundredths being already indicated, and obtain the 
answer— $90.09. 

What is the interest on $600, for 3 years, 6 months and 20 days, at 6 
per cent. ? 

Here it is necessary to reduce all the years to months, and add in the 
given months ; and likewise reduce the days to the fractional part of a 
month, and add the fraction to the months. In three years there are 36 
months, and 6 more added, makes 42 months. Twenty clays are f of a 
month. The time, therefore, is 42f, or ] ^ 8 months. 

$000— 50 We place the 128 on the right, and 3 on the left. 

■too 

^2_ 9 The time now being months, we divide by 12 only. 

Having performed the operation, we find the answer 

$128.00 to be $128. 
We give one more example without explanation. What is the interest 
on 80 cents, for 3 years, 8 months and 15 days, at 7 per cent. ? 

I £0— 90_io 
? 89 
3— ;2 I 7 



J2 



3 6230 



$ .2076£ 

From the foregoing principles and operations, we are prepared to de- 
duce the following : — 

RULE FOR COMPUTING INTEREST ON ANY CONCEIVABLE 
PRINCIPAL, FOR ANY GIVEN TIME AND RATE. 

Place the Principal, Time and Rate, on the right of a vertical line; and 
if the time is days, place 12 and 30 on the left; if the time is months, place 
12 only on the left; and if the time is years, place nothing on the left. 

If the Principal, Time or Rale is a mixed number, reduce it to an im- 
proper fraction, and place the numerator on the right, with the denomina- 
tor on the left. 

When the Principal is dollars, the answer is cents; in such case, two fig- 
ures must be cut off for cents ; when the Principal is cents, the answer is 
hundredths of cents ; here, cut off two figures, from the right, for hun- 
dredths, two more for cents, and the remainder at the left is dollars. The 
figures thus cut off for cents, hundredths, &c, must be whole numbers; 
while any existing fraction will be only a fractional pari of such cents or 
hundredths. 

When the Time is months and days, or years, months and days, reduce 



36 



NEW METHOD OF COMPUTING INTEREST. 



the years to months, and add in all the given months; then reduce the days 
to tlie fractional 'part of a month, and annex this fraction to the whole 
number of months ; reduce all to an improper fraction, and place the nu- 
merator on the right and the denominator on the left. In such case divide 
by 12 only. If the time cannot be reduced to the fractional part of a 
month, reduce the whole time, years, months and days, to days, and divide 
by 30 and 12. 

If the time is years and months, reduce the months to the fractional part 
of a year ; add to the years ; reduce all to an improper fraction, and divide 
by the denominator only. 

It is sometimes impossible to cancel in questions of interest ; and, 
when in this case, the product of all the numbers on the right must be 
divided by the product of all the numbers on the left, the query may 
arise as to what benefit is derived by computing interest in this way, if, 
at times, it is necessary to go through the same process of multiplication 
and division, as in the old system. The benefit results from the fact that, 
whatever may be the principal, time or rate, the problems can be wrought 
by this one, simple rule, without an additional one for every varying 
rate ; because the statement can be easily made and understood by any 
person of ordinary intelligence ; because the work is unique and sys- 
tematic, and in most cases can be greatly abbreviated by canceling ; and 
finally, because it obviates the complicated nature of questions involving 
fractions, and avoids the losses occasioned by discarding them, as is fre- 
quently done in the ordinary method. 

To compute interest on notes, we must ascertain the time which 
elapses between the period when interest commences, and that on which 
the payment is made. The following method of subtracting the former 
from the latter date, will be found very convenient. 

A note for $500, dated May 27, 1849, on interest, was paid January 12, 
1852. What was the time for which interest should be computed '? 



Years. Mos. Days. 

1852—1—12 
1849—5—27 



After arranging the former time under the latter, 
thus, if the number of days in the lower line is 
Time 2 — 7 — 15 larger than that in the upper, 30 days must be added 
to the upper line, and the subtraction made from the whole number 
above, and the remainder set under the days. One is carried to the low- 
er line of months. If this number of months is larger than that above, 
12 must be added above and the subtraction continued as before. It will 
be observed that the months are placed down according to the order they 
occupy in the year. January is the first month ; hence we use the figure 
1 ; so May, being the fifth month, the figure 5 is used. 



ALMANAC OR CALENDAR FOR TWENTY YEARS. 



CB 

1864 


A 

1865 


G 

1866 


F 
1867 


ED 

1868 


C 

1869 


B 

1870 


A 

1871 


G F 

1872 


E 
1873 


D 

1874 


C 

1875 


B A 

1876 


G F 

1877 1878 


F 

1879 


DC F 
1880 1881 


F 

1882 


D 

1883 



1 


8 


15 


22 


29 


Sunday. 


Satur'y 


Friday. 


Thurs'y 


Wedn'y 


Tuesd'y 

1 J 


Mond'y. 


2 


9 


16 


23 


30 


Mond'y. 


Sunday. 


Satur'y 


Friday. 


Thurs'y 


Wedn'y 


Tuesd'y 


3 


10 


17 


24 


31 


Tuesd'y 


Mond'y. 


Sunday. 


Satur'y 


Friday. 


Thurs'y 


Wedn'y 


4 


11 


18 


25 




Wedn'y 


Tuesd'y 


Mond'y. 


Sunday. 


Satur'y 


Friday 


Thurs'y 


5 


12 


19 


26 




Thurs'y 


Wedn'y 


Tuesd'y 


Mond'y. 


Sunday 


Satur'y. 


Friday. 


6 


13 


20 


27 




Friday. 


Thurs'y 


Wedn'y 


Tuesd'y 


Mond'y. 


Sunday. 


Satur'y. 


7 


14 


21 


28 




Satur'y 


Friday. 


Thurs'y 


Wedn'y 


Tuesd'y 


Mond'y. 


Sunday. 


Jan. & Oct. 


A 


B 


C 


D 


E 


F 


G 


May. 


B 


C 


D 


E 


F 


G 


A 


August. 


C 


D 


E 


F 


G 


A 


B 


FebMarNov 


D 


E 


F 


G 


A 


B 


C 


June. 


E 


F 


G 


A 


B 


C 


D 


Sept. & Dec. 


F 


G 


A 


B 


C 


D 


E 


Apr. & July. 


G 


A 


B 


C 


D 


E 


F 



Explanation.— Find the Year, and observe the Letter above it ; then look for the 
Month, and in a line with it find the Letrer of the Year : above the Letter find the Day ; 
and the fio-ures on the left in the same line, are the days of the same name in the 
month. Leap years have two letters ; the first is used till the end of February, and the 
second during the remainder of the year. 

Examples.— 1st. Suppose it is desired to find on what day of the month the second 
Tuesday in August, 1873, will fall. At the top of the table we find that the year 1873 
is represented by the letter E. and in the column of months on the left we find August; 
we next follow to the right three spaces, to the letter E ; now trace upward from E to 
Tuesday, and at the left of Tuesday we find that in 1873 the Tuesdays in August will he 
represented bv the 5th, 12th, 19th and 26th days of the month, and that the 12th day of 
August is the*day sought for. 2d. Suppose we desire to find on what day of the week, 
Christmas, 1880, will fall. This being Leap Year, and the time after February, we use 
the letter O. Now find December in the column of months, and follow out to the right 
till we find C ; now up to Saturday, which by looking to the left we find to be the 25th, 
the day sought for. 







TABLE OF WAGES, 

FOR HOUKS, DAYS AND WEEKS, BY THE WEEK 


j 




Hours. 


$1.00 


$1.50 


$2.00 


$2.50 $3.00 


$3.50 

.02n-i2 


$4.00 

• 031 
.06* 


* 


.005-6 


-«li 


.011 


.02i-i2 021 


1 


-Olf 


.021 


• 031 


.04i-6 


.05 .Oos-6 


2 


-03£ 


.05 


.06* 


• 081 


.10 
.15 


• 111 


• 131 


3 


.05 


.071 


.10 


.121 


.171 


.20 


4 


.06| 


.10 


.131 


.161 


.20 
~T25 


.231 
.29i-6 


• 26* 

• 331 


5 


.081 


.121 


.161 -205-6 


6 


.10 


.15 


.20 


.25 


.30 


.35 


.40 


7 


•111 


.171 


• 231 


.29i-6 


.35 


.405-6 


.461 
.531 


8 


• 131 


.20 


■ 261 


.331 


.40 


.461 


9 


.15 


• 221 


.30 


.371 


.45 


.521 


.60 




Days. 












• 581 




1 


.16* 


.25 


• 331 


.411 
• 831 
1.25 
1.661 


.50 


• 661 


2 


.331 


.50 


.66* 


1.00 


1.161 
1.75 


1.331 


3 

4 


.50 

.66* 


.75 

1.00 


1.00 
1.331 


1.50 
2.00 


2.00 


2.331 


2.661 


5 


.831 


1.25 


1.661 


2.081 


2.50 


2.911 


3.33* 


1 WEEK. 


1.00 1.50 2.00 


2.50 


3.00 


3.50 


4.00 




Hours. 


$4.50 


§5.00 $5.50 


§6.00 J $6.50 


$7.00 

.055-6 


$7.50 

.061 


1 


.03| 


.04 1-6 i .04t-i2 


.05 


.055-12 


1 
2 


.07| 


.081 -09i-6 


.10 


.105-6 


•111 


.121 
.25 
.371 
.50 
.621 
.75 
.871 
1.00 
1.121 


.15 


.16f 


• 181 
.271 . 
.361 

. 45 5-6 


.20 


.211 


.231 
.35 

.461 


3 


.221 


.25 


.30 
.40 


321 
.431 


4 


.30 


• 331 


5 


.371 


■41f 


.50 


.54i-6 


• 581 


6 

7 


.45 


.50 .55 


.60 


.65 


.70 

.811 


.521 
.60 


.581 -64 1-6 


.70 

.80 


.755-6 


8 
9 


.66* 


.731 

.821 


.861 


.931 
1.05 


.671 


.75 


.90 


.971 


Days. 














1 


.75 


.831 
1.66f 


,911 

1.831 


1.00 

2.00 


1 081 1-161 


1.25 


2 


1.50 


2.161 


2.331 
3.50 


2.50 
3.75 


3 


2.25 


2.50 
3 331 


2.75 


3.00 
4.00 


3.25 

4.331 


4 


3.00 


3.66* 


4.661 

5.831 


5.00 
6.25 


5 


3.75 4 16f 


4.581 


5 00 


5 411 


1 WEEK. 


4.50 I 5.00 


5.50 


] 6.00 


6.50 I 7.00 


7.50 





TABLE OF WAGES BY THE WEEK. 



39 



Hours. 


$§ 


$9 


$10 

• 08* 

.16f 

.33* 

.50 

.66| 

.83* 

1.00 

1.16| 

1.88| 


$11 

.09 1-6 


$12 

.10 
.20 
.40 
.60 
.80 
1.00 
1.20 


$13 


$14 


$15 


* 


.06| 
" .18* 


.07* 
-.15 


.105-6 

_ 21? 


,11| 


.12* 


1 


.18* 

.36f 

.55 

• 73* 

.91| 

1.10 

1.28* 

1.46| 

1.65" 


• 23* 


.25 


2 


.26f 


.30 
.45 
.60 

.75 


.43* 
.65 
80} 


.46f 
.70 


.50 


3 


.40 

~.53* 


.75 


4 


.93* 

1.16-f 
1.40 


1.00 


5 


.66| 


1.08* 
1.30 
1.51| 
1.73* 


1.25 


6 


.80 


.90 


1.50 


7 


.93* 
1.06| 
1.20 


1.05 
1.20 
1.35 


1.40 
1.60 

Ob 


1.63* 


1.75 


8 


1.86| 


2.00 


9 


1.50 


1.95 


2.10 


2.25 



Days. | 




1 




i ! 


1 


1.33* 


1.50 


1.66f 


1.83* 


2.00 


2.16f 2.33* 2 50 


2 


2.66| 


3.00 


3.33* 


3.66* 


4.00 


4.33* j 4 66f 5.00 


3 


4.00 


4.50 


5.0U 


5.50 


G.00 


6.50 | 7.00 ! 7.50 


4 


5 33* 


6 00 


6.66| 


7.33* 
9 . I6f 


8.00 


8 06f 9.33* 510.00 


5 


6.66# 


7.50 


833* 


10.00 


10.83* 


11.66* 12.50 


1 WEEK. 


8.00 


9.00 


10 00 


11.00 


12.00 


13.00 


14.00 il5.00 



EXPLANATION. 



The licavy figures at the head of the columns indicate the wages per 
week. The figures in the first column indicate the number of hours or 
days, according to the heading, ten hours being regarded equal to a day. 
The figures in the remaining columns indicate the amount of the wages 
for the time given in the first column, at the price given at the head of 
the column. 

Example. — What will be the amount of eight hours labor at $4.50 per 
week ? In the first column marked Hours we look for the figure 8, and 
on the same horizontal line, at the right, under the figures $4.50 at the 
head of the column, we find 60 cents, the amount required. 

To find the amount for five days, look in the column Days for the fig- 
ure 5, and in the column headed $4.50, we find $3.75, the sum desired. 

To find the amount when the wages per week are greater than any in- 
dicated in the table, take the sum of any two or more numbers at the 
head of the columns, making the required amount, and add the numbers 
indicating the wages for the given time, and their sum will be the amount 
required. The wages at $24 per week are equal to the amount at $15 
and $9, or twice the amount at $12. At $23 per week the amount 
will be the sum of the numbers indicated in the columps for $15 and 



WAGES BY THE MONTH 

OF TWENTY-SIX DAYS. 



Days. 


$4 


$5 


$6 


$7 


$8 


$9 


$10 


$11 


$12 


$13 
0.50 


$14 


1 


0.15 


0.19 


0.23 


0.27 


0.31 


0.35 


0.38 


0.42 


0.46 


0.54 


2 


0.31 


0.39 


0.46 


0.54 


0.62 


0.69 


0.77 


0.85 


0.92 


1.00 


1.08 


3 


0.46 


0.57 


0.69 


0.81 


0.92 


1.04 


1.15 


1.27 


1,38 


1.50 


1.62 


4 


0.62 


0.77 


0.93 


1.07 


1.23 


1.38 


1.54 


1.69 


1.85 


2.00 


2.15 


5 


0.77 


0.96 


1.15 


1.34 


1.54 


1.73 


1.92 


2 12 


2.31 


2.50 


2.69 


6 


83 


1.15 


1 38 


1.62 


1.85 


2.08 


2.31 


2.54 


2.77 


3.00 


3.23 


7 


1.07 


1.34 


1.62 


1.88 


2.15 


2 42 


2.69 


2.96 


3.23 


3 50 


3.77 


8 


1.23 


1.54 


1.84 


2.15 


2.46 


2 77 


3.08 


3.38 


3.69 


4.00 


4.31 


9 


1.38 


1.73 


2.07 


2.42 


2.77 


3.12 


3.46 


3.81 


4.15 


4.50 


4.85 


10 


1.54 


1.92 


2.31 


2.69 


3.08 


3.46 


3.85 


4.23 


4.62 


5.00 


5.38 


11 


1.69 


2.12 


2.54 


2 96 


3 38 


3.81 


4.23 


4.65 


5.08 


5.50 


5.92 


12 


1.84 


2.31 


2.77 


3.23 


3.69 


4.15 


4.62 


5.08 


5.54 


6.00 


6.46 


13 


2.00 


2 50 


3.00 


3.50 


4.00 


4.50 


5 00 


5.50 


6.00 


6.50 


7.00 


14 


2.15 


2.69 


3.23 


3.77 


4.31 


4 85 


5.38 


5.92 


6.46 


7.00 


7.54 


15 


2.31 


2.88 


3.46 


4.04 


4.62 


5.19 


5.77 


6.35 


6.92 


7.50 


8.08 


16 


2.46 


3.08 


3.69 


4.31 


4.92 


5.54 


6.16 


6.77 


7.38 


8.00 


8.62 


17 


2.61 
2 77 


3.27 


3.92 


4.58 


5.23 


5.88 


6.54 


7.19 


7.85 


8.50 


9.15 


18 


3.46 


4.15 


4.84 


5.54 


6.23 


6.92 


7.62 


8.31 


9.00 


9.69 


19 


2.93 


3.62 


4.38 


5.11 


5.85 


6.58 


7.31 


8.04 


8.77 


9.50 


10.23 


20 


3.07 


3.84 


4.61 


5.38 


6.15 


6.92 


7.69 


8.46 


9.23 


10.00 


10.77 


21 


3.23 


4.04 


4.84 


5.65 


6.46 


7.27 


8.08 


8.88 


9.69 


10 50 


11.31 


22 


3 38 


4.23 


5.07 


5.92 


6.77 


7.61 


8.46 


9.31 


10.15 


11 00 


11.85 


23 


3.54 


4.42 


5.31 


6.19 


7.08 


7.96 


8.85 


9.73 


10.62 


11.50 


12.38 


24 


3.69 


4.61 


5.54 


6.46 


7.38 


8.31 


9.23 


10.15 


11.08 


12 00 


12.92 


25 


3 84 


4.81 


5.77 


6.73 


7.69 


8.65 


9.62 


10.58 


11.54 


12.50 


13.46 


2(5 


4.00 


5.00 


6.00 


7.00 


8.00 


9.00 


10.00 


11.00 


12.00 


13 00 


14.00 



Days. 

_ — 

2 

3 

4 

5 

6 

7 

8 

9 
10 
11 
12 
13 
14 
15 
16 
17 
18 
19 
20 
21 
22 
23 
24 
25 
26 



$15 ! $16 | $17 $18 



0.58| 
1.15 
1.73 
2.31 
2.88 
3.46 
4.04 
4.62 
5.19 
5.77 
6.35 

6 92 

7 50 
8.08 
8.65 
9.2b 
9.81 

10.38 
10.96 
11.54 
12.12 
12.69 
13.27 
13.85 
14.42 
15.00 



0.62} 
1.23 1 

1.851 1 
2.46 2 



3.08 

3.69 

4.31 

4.92 

5.54 

6.15 

6.77 

7.38 

8.00 

8.62 

9.23, 9 

9.8510 
10.4611 
11.0811 
11.6912 
12.3H13 
12.9213 
13.5414 
14.1515 
14.7715 
15.3816 
16.00,17 



. 66 
.31 

.90 
.62 
.27 
.92 
.58 
.23 
.88 
.54 
. 19 
85 
. 50 
.15 



0.69 
1.38 
2.08 
2.77 
3.46 
4.15 
4.85 
5.54 
6.23 
6.92 
7.62 
8.31 
9.00 
9.69 
.81|10.38 
.4611.08 
.1211.77 



12.46 
13.15 
13.85 
.73|14.54 
.3815.23 
.0415.92 
.6916.62 
.3517.31 
.0018.00 



$19 


$20 


$21 


0.73 


0.77 


0.81 


1.46 


1.54 


1.62 


2.19 


2.31 


2.42 


2.92 


3.08 


3.23 


3.65 


3.85 


4.04 


4.38 


4.62 


4.85 


5.12 


5.38 


5.65 


5.85 


6.16 


6.46 


6.58 


6.92 


7.27 


7 31 


7.69 


8.08 


8.04 


8.46 


8.88 


8.77 


9.23 


9.69 


9.50 


10.00 


10.50 


10 23 


10.77 


11.31 


10.90 


11.54 


12.12 


11.69 


12.31 


12.92 


12.42 


13.08 


13.73 


13.15 


13.85 


14.54 


13.88 


14.62 


15.35 


14.62 


15.38 


16.15 


15.35 


16.16 


16.96 


16 08 


16.92 


17.77 


16 81 


17.69 


18.58 


17.54 


18.46 


19.38 


18.27 


19.23 


20.19 


19.00 


20.00 


21.00 



$22 



m 



0.84 0.88, 



1.70; 

2.54! 

3.38! 

4.24 

5.08 

5.92 

6.76 

7.62 

8.46 

9.30 

10.16 

11.00 

11.84 

12 70 

18.54 

14.38 

15.24 

16.08 

16.92 

17.76 

18 62 

19.46 



1.77| 1 
2 65! 2 



3.54 
4 42 
5.31 
6.19 

7.08 
7.96 
8 85 
9.73 
10.62 



11.50112. 



12.38 
13.27 
14.15 
15.04 
15.92 
16 81 
17.6918 
18.5819 
19.46 20 
20 35 21 
20.3021.23J22 
21. 16122.12123 
22. 00l23. 00124 



92! 0.96 
84 1.92 
74' 2.88 
70 3.85 
62 4.81 
54 5.77 
46 6.73 
38 7.69 
30 8.65 
24 ! 9.62 
1610.58 
08| 11. 54 
0012.50 
92113.40 
84|14.42 
74|15.38 
70 16.35 
62J17.31 
54| 18. 27 
46|19.23 
38 20.19 
30:21. 15 
24i22.ll 
16 23.08 
08124.04 
0025.00 



INDEX. 

Page. 
ALMANAC for Twenty Years, 87 

COMMERCIAL PAPER, the Rights, Duties and Obligations of 

Parties to, 23-32 

INTEREST, New Method of Computing, 33-36 

INTEREST TABLES, 5-22 

INTEREST TABLES, Explanation to, 4 

WAGES, Table of, by the Week, 38-39 

WAGES, Table of, by the Month, 40 



THE PEOPLES 



COMPREHENSIVE 









t 



:\T SEVEN EER GENT 



ALSO, 



EIGHTS, DUTIES AND 'OBLIGATIONS- 



OF PAETIES TO 



Commercial Paper, &Ci 



PRICE, FIFTY cfeNTS. 



SYRACUSE: 
HITCHCOCK & SMITH, PRINTER! 
1870. 



